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620 East Dilido Drive

Kathleen Solomon & Adam Solomon Acquire Single Family Property In Miami Beach For $6.5M
SOLDSingle Family

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

David Pulley

Sotheby's International Realty

Broker

$67.3M

vol

14 deals

Broker

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