Updated Dec 21, 2023
Edna Buchanan Sells Single Family Home On Venetian Islands, Miami Beach For $12M
400 West San Marino Drive
$12,000,000
$2,727/SF
Building Size
4,400 SF
Asset Type
Single Family
Closing
Nov 28, 2022
About this deal
AI
The property at 400 West San Marino Drive in the Venetian Islands of Miami Beach has been sold for $12,000,000. The single-family home sits on a 0.25-acre lot and spans approximately 4,400 square feet. The sale price equates to a price per square foot of $2,727.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,000,000
- Address: 400 West San Marino Drive
- Market: Venetian Islands, Miami Beach
- Lot Size: 0.25 acres
- Square Feet: 4,400
- Price per Square Foot: $2,727
Edna Buchanan was the seller in this transaction.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
About $2.7K per square foot on a published $12M for 4,400 square feet (2022).
Visit Edna Buchanan 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93