Scott Porter Of Serhant Represents Buyer In $10.45M Sale Of Miami Beach Single Family Home
1001 North Venetian Drive
$10,450,000
$2,612/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Mar 3, 2026
AI
The property asset involved in this transaction is a single-family home located at 1001 North Venetian Drive in the Miami Beach market. The property was sold for $10,450,000 and has a total area of 4,000 square feet, resulting in a price per square foot of $2,612.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,450,000
- Square Footage: 4,000
- Price Per Square Foot: $2,612
- Address: 1001 North Venetian Drive
- Market: Miami Beach
- Buyer's Representative: Scott Porter - Serhant
- Seller's Representatives: Irlenne Laricchia & Monica Barros - Shelton & Stewart Realtors
This transaction involved key individuals such as Scott Porter, who represented the buyer, and the seller's team comprised of Irlenne Laricchia and Monica Barros, both representing the seller through Shelton & Stewart Realtors.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.52%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93