Updated Sep 10, 2026
Yitzchok Weiss Acquires Single Family Home In Miami Beach For $3,975,000 With Israel Schmidt's Representation
1405 Stillwater Drive
$3,975,000
$1,316/SF
Building Size
3,019 SF
Asset Type
Single Family
Closing
Aug 31, 2026
About this deal
AI
A single-family home located at 1405 Stillwater Drive in Miami Beach was sold for $3,975,000. The property offers a living space of 3,019 square feet, translating to a price per square foot of $1,317.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,975,000
- Address: 1405 Stillwater Drive
- Market: Miami Beach
- Square Footage: 3,019
- Price per Square Foot: $1,317
- Buyer: Yitzchok Weiss
- Seller: Enrico Papi
- Buyer's Representative: Israel Schmidt - Realty Hub
- Seller's Representative: Daniela Bonetti - One Sotheby’s International Realty
- Transaction Date: 08/31/2026
Israel Schmidt represented Yitzchok Weiss in the acquisition of the property, while Daniela Bonetti acted on behalf of Enrico Papi during the sale. The details of the transaction were finalized on August 31, 2026.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $4M for 3,019 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.99%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93