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98 Lagorce Circle

Jill Eber & Fabio Lopes Secure $62.5M Sale Of Miami Beach Waterfront Villa
SOLDSingle Family

Jill Eber & Fabio Lopes Secure $62.5M Sale Of Miami Beach Waterfront Villa

98 Lagorce Circle

$62,500,000

$4,880/SF

Building Size

12,807 SF

Asset Type

Single Family

Closing

Jun 6, 2024

AI

A waterfront home on La Gorce Island in Miami Beach was recently sold for $62.5 million. The LEED Gold-certified villa, designed by Philippe Harari’s Aquablue Group, features 7 bedrooms, 13 bathrooms, a rooftop, gym, spa, theater, and an 88’ infinity pool, all set on a 31,800-SF property with a yacht dock.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $62,500,000
  • Asset Size: 12,807 SF
  • Price per Square Foot: $4,880
  • Address: 98 La Gorce Circle, Miami Beach
  • Market: Miami Beach
  • Property Designer: Choeff Levy Fischman

The property was represented in the transaction by Coldwell Banker and One Sotheby's International Realty. Additionally, the deal involved the expertise of property designers from Choeff Levy Fischman. The collaboration between these entities facilitated the successful sale of the luxurious waterfront residence.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 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

0.25%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93