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924 Belle Meade Island Drive

Scott Dolley Acquires Single Family Property In Miami For $3.8M
SOLDSingle Family

Scott Dolley Acquires Single Family Property In Miami For $3.8M

924 Belle Meade Island Drive

$3,800,000

$1,903/SF

Building Size

1,996 SF

Asset Type

Single Family

Closing

Oct 26, 2023

AI

Located at 924 Belle Meade Island Drive, this single-family home in Miami recently changed hands in a sale transaction. The property, measuring 1,996 square feet, was sold for a price of $3,800,000, resulting in a price per square foot of $1,904. The transaction took place on October 26, 2023.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,800,000
  • Square Footage: 1,996
  • Price per Square Foot: $1,904
  • Address: 924 Belle Meade Island Drive, Miami
  • Market: Miami

The buyer of the property is Scott Dolley, while the seller is Michael Fredrich. Representing the seller in this transaction were Mina Taskiran and Giovanni Mancini of One Sotheby's International Realty. They played a crucial role in facilitating the deal between the buyer and seller.

Players

Giovanni Mancini

Sotheby's International Realty

Broker

$58.2M

vol

14 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93