Updated Sep 9, 2024
Joe Jonas And Sophie Turner Sell Miami Waterfront Estate For $15.5M
Miami
$15,500,000
$1,488/SF
Building Size
10,416 SF
Asset Type
Single Family
Closing
Jun 15, 2023
About this deal
AI
Joe Jonas and Sophie Turner have sold their Miami waterfront estate after reducing the price to $15.5 million. The 10,416-square-foot home, featuring six bedrooms and 8.5 bathrooms, was purchased by the couple in 2021 for $11 million and underwent remodeling before being sold.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $15,500,000 (Approx.)
- SF: 10,416
- PPSF: $1,488
- Seller: Joe Jonas & Sophie Turner
- Seller's Rep: Carl Gambino - Compass
Joe Jonas and Sophie Turner sold their Miami waterfront estate for approximately $15.5 million. This single-family home spans 10,416 square feet and includes six bedrooms and 8.5 bathrooms. The property was originally purchased by the couple in 2021 for $11 million and underwent remodeling before being sold. Representing the sellers in this transaction was Carl Gambino from Compass.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $15.5M for 10,416 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93