Updated Oct 29, 2024
Robert Thomas Dyal - Redpoint Ventures Acquires Single Family Property In Miami Beach For $20.3M
Miami Beach, FL, USA
$20,300,000
$2,519/SF
Building Size
8,056 SF
Asset Type
Single Family
Closing
Aug 18, 2021
About this deal
AI
A single-family home located in Miami Beach has been sold for a staggering $20,300,000. The property spans over 8,056 square feet, resulting in a price per square foot of $2,520. The transaction took place on August 18, 2021, and was facilitated by Brenda Nestor as the seller. The buyer in this deal is Robert Thomas Dyal from Redpoint Ventures. Representing the seller was Jill Eber, a broker from The Jills Zeder Group at Coldwell Banker.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $20,300,000
- Square Footage: 8,056 sqft
- Price Per Square Foot: $2,520
- Market: Miami Beach
This transaction showcases the significant investment made by Robert Thomas Dyal, representing Redpoint Ventures, in the Miami Beach real estate market. Brenda Nestor, the seller, chose Jill Eber from The Jills Zeder Group at Coldwell Banker as her broker. This successful deal highlights the vibrant real estate market in Miami Beach and the expertise of the professionals involved.
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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93