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Miami, FL, USA

Joe Jonas & Sophie Turner Purchase Miami Single Family Home For $11M
SOLDSingle Family

Joe Jonas & Sophie Turner Purchase Miami Single Family Home For $11M

Miami, FL, USA

$11,000,000

$1,056/SF

Building Size

10,416 SF

Asset Type

Single Family

Closing

Sep 21, 2021

AI

A single-family property located in Miami with an area size of 0.4 acres has been sold. The property was purchased by Joe Jonas and Sophie Turner from the seller Luis Arguello Jr. The transaction was facilitated by brokers Carl Gambino from Compass and Dina Goldentayer and Sylvia Chamorro from Douglas Elliman. The sale price for the property was $11,000,000, and it has a total area of 10,416 square feet with a price per square foot of $1,056.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,000,000
  • Location: Miami
  • Property Size: 0.4 acres
  • Buyer: Joe Jonas & Sophie Turner
  • Seller: Luis Arguello Jr.
  • Brokers: Carl Gambino - Compass, Dina Goldentayer & Sylvia Chamorro - Douglas Elliman
  • Square Footage: 10,416 sq ft
  • Price Per Square Foot: $1,056

The deal involved prominent individuals such as Joe Jonas and Sophie Turner as the buyers of the property. The sale was facilitated by Carl Gambino from Compass as the buyer's representative, and Dina Goldentayer and Sylvia Chamorro from Douglas Elliman represented the seller. With a price of $11,000,000 and a total area of 10,416 square feet, this transaction highlights the activity and value of the Miami real estate market.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.8B

vol

97 deals

Broker

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93