Updated Sep 9, 2024
Floyd Mayweather Jr. Acquires Miami Beach Single Family For $18M
Miami Beach, FL, USA
$18,000,000
$1,658/SF
Building Size
10,853 SF
Asset Type
Single Family
Closing
Aug 4, 2021
About this deal
AI
Tanasha Pettigrew, @FloydMayweather, and Dina Goldentayer were involved in a recent property transaction in Miami Beach. The asset involved in the deal was a single-family home with a square footage of 10,853. The property was sold by Candido & Anabella Viyella to Floyd Mayweather Jr. for a total price of $18,000,000, resulting in a price per square foot of $1,659.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $18,000,000
- Seller: Candido & Anabella Viyella
- Buyer: Floyd Mayweather Jr.
- Buyer's Representative: Tanasha Pettigrew - Galleria International Realty
- Seller's Representative: Dina Goldentayer - Douglas Elliman
Tanasha Pettigrew, a representative from Galleria International Realty, assisted Floyd Mayweather Jr. in the purchase of the property. On the other hand, Dina Goldentayer from Douglas Elliman represented Candido & Anabella Viyella in the sale. The transaction took place on August 4, 2021 in the Miami Beach market. The deal highlights the involvement of these key individuals and companies in the real estate market.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $18M for 10,853 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93