Updated May 12, 2025
C. Dean Metropoulos Sells Oceanfront Mansion At 7825 Atlantic Way To SKN Beach LLC For $23.5M
7825 Atlantic Way
$23,500,000
$3,637/SF
Building Size
6,461 SF
Asset Type
Single Family
Closing
Apr 23, 2025
About this deal
AI
A single-family home located at 7825 Atlantic Way in Miami Beach has been sold for $23.5 million. The property spans an area of 6,461 square feet and sits on a 0.37-acre lot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,500,000
- Address: 7825 Atlantic Way
- Market: Miami Beach
- Square Footage: 6,461
- Price per Square Foot: $3,637
- Buyer: SKN Beach LLC
- Seller: C. Dean Metropoulos
- Buyer's Representative: Stacy Robins - Stacy Robins Companies
- Seller's Representatives: Alejandro Diaz-Bazan & Jill Hertzberg - Coldwell Banker
The transaction involved billionaire C. Dean Metropoulos selling his oceanfront mansion to SKN Beach LLC, which is managed by attorney Charles H. Ratner. The sale marks a $3.5 million gain since the property was last traded in 2022, with representation provided by Jill Hertzberg for the seller and Stacy Robins for the buyer.
On the Map
$23,500,000
$3,637/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 $3.6K per square foot on a published $23.5M for 6,461 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93