Updated Sep 25, 2026
Olugbenga Agboola Acquires Miami Beach Single Family Home For $7.1M
4585 Nautilus Drive
$7,100,000
$1,365/SF
Building Size
5,200 SF
Asset Type
Single Family
Closing
Mar 7, 2023
About this deal
AI
A single-family property located at 4585 Nautilus Drive in Miami Beach has been sold. The property sits on 0.2 acres of land and spans 5,200 square feet. The transaction took place on March 7, 2023, with a sale price of $7,100,000. The price per square foot comes to $1,365, indicating a premium property in the market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,100,000
- Address: 4585 Nautilus Drive, Miami Beach
- Market: Miami Beach
- Acres: 0.2
The buyer of the property is Olugbenga Agboola, representing Flutterwave, a prominent company in the technology industry. The seller is Jose R. Boschetti, Jr, from the Boschetti Group. Jason Angrist from Compass served as the buyer's representative, while Maurice Boschetti from Boschetti Realty Group acted as the seller's representative.
On the Map
$7,100,000
$1,365/SF
Single Family
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Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $7.1M for 5,200 square feet (2023).
Visit Maurice Boschetti to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93