Kathleen Solomon & Adam Solomon Acquire Single Family Property In Miami Beach For $6.5M
620 East Dilido Drive
$6,500,000
$1,081/SF
Building Size
6,008 SF
Asset Type
Single Family
Closing
Jan 8, 2024
AI
The single-family property located at 620 East Dilido Drive in Miami Beach has been sold for $6,500,000. The property spans over 6,008 square feet, resulting in a price per square foot of $1,082.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Address: 620 East Dilido Drive
- Market: Miami Beach
Kathleen Solomon and Adam Solomon are the buyers of this property. The deal was facilitated by Seán Murray and David Pulley from Douglas Elliman. They represented Kathleen and Adam Solomon throughout the transaction.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93