Berkshire Hathaway HomeServices Acquires Single Family Home In Miami For $18.5M
SOLD
$18,500,000
Florida
See Similar DealsSingle Family13,930 SF
Sold 11/13/2023
SOLD
Berkshire Hathaway HomeServices Acquires Single Family Home In Miami For $18.5M
3590 Crystal View Court
See Similar DealsSingle Family13,930 SF
Sold 11/13/2023
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,328
Total Square Footage:13,930 SF
Transaction Type:Sale
Located at 3590 Crystal View Court in Miami, this single-family property recently changed hands in a closed transaction. The property spans across 13,930 square feet and was sold for a price of $18,500,000, resulting in a price per square foot of $1,328.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,500,000
- Address: 3590 Crystal View Court
- Market: Miami
Included in the sale was the former Miami home of Lebron James, adding a unique touch to the property's history. The transaction was facilitated by Jason Zarco from Berkshire Hathaway HomeServices EWM Realty, representing the seller, Jeff Conry.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$986,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$65,726.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,699.44
Annual Debt Service$1,052,393.26
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