Melanie And Chris Hunter Purchase Waterfront Home From Eyal Kessous In Miami For $10.5M
901 Northeast 75th Street
$10,500,000
$1,458/SF
Building Size
7,198 SF
Asset Type
Single Family
Closing
Feb 5, 2025
AI
The property involved in the transaction is a single-family home located at 901 Northeast 75th Street in the Miami market. It encompasses 7,198 square feet and features six bedrooms. The listed sale price for the property was $10,500,000, resulting in a price per square foot of $1,459.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Address: 901 Northeast 75th Street
- Market: Miami
- Square Footage: 7,198
- Price Per Square Foot: $1,459
- Buyer: Melanie Hunter; Chris Hunter - Four Loko
- Seller: Eyal Kessous - MK Developers
- Broker: Chad Carroll & Brett Eaglstein - Compass
Chad Carroll and Brett Eaglstein of Compass represented Eyal Kessous in the sale of the property. The home features amenities such as a pool, dock, summer kitchen, and high-end security, catering to a luxurious lifestyle in the Belle Meade area of Miami.
Players
Miami 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93