Updated Mar 24, 2025
Jacob S. Dawson Of Florida Flamingo LLC Acquires Single Family Home From Michael Gronager For $16.47M
2901 Flamingo Drive
$16,470,000
$2,511/SF
Building Size
6,559 SF
Asset Type
Single Family
Closing
Mar 17, 2025
About this deal
AI
The property asset involved in the transaction is a single-family residence located at 2901 Flamingo Drive in the Miami Beach market. The transaction was completed at a price of $16,470,000.00, and the property has a total square footage of 6559.0.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $16,470,000.00
- Address: 2901 Flamingo Drive
- Market: Miami Beach
- Square Footage: 6559.0
- Seller: Michael Gronager - Chainalysis Inc
- Buyer: Jacob S. Dawson - Florida Flamingo LLC
- Seller's Representatives: Brian Suarez (Coldwell Banker), Jeri Jenkins (Coldwell Banker)
- Broker: Jorn Lahmann (Lahmann Global Real Estate)
In this transaction, Michael Gronager of Chainalysis Inc was the seller represented by Brian Suarez and Jeri Jenkins from Coldwell Banker. Jacob S. Dawson, representing Florida Flamingo LLC, acquired the property with the assistance of broker Jorn Lahmann from Lahmann Global Real Estate.
On the Map
$16,470,000
$2,511/SF
Single Family
View full map
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeri Jenkins to view all their deals.
Browse Miami Beach single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93