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
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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93