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901 Northeast 75th Street

Melanie And Chris Hunter Purchase Waterfront Home From Eyal Kessous In Miami For $10.5M
SOLDSingle Family

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

Chad Carroll

Compass

Broker

$1.7B

vol

85 deals

Broker

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