facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

Mathieu Massa sells Miami B...

Mathieu Massa Sells Miami Beach Sunset Islands Home For $32M In All-Cash Deal
SOLDSingle Family

Mathieu Massa Sells Miami Beach Sunset Islands Home For $32M In All-Cash Deal

$32,000,000

$5,218/SF

Building Size

6,132 SF

Asset Type

Single Family

Closing

Nov 17, 2023

AI

Developer Mathieu Massa has sold his Miami Beach waterfront Sunset Islands home in an all-cash deal for $32 million, making it one of the year's priciest sales. The seven-bedroom property, previously rented by Nir Meir's wife, features a wine cellar, office, and outdoor entertainment area with a pool, kitchen, bar, and dock. It spans 6,132 square feet and has a price per square foot of $5,219. The property, initially listed for $36 million in October, offers luxurious amenities and a prime waterfront location.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $32,000,000
  • Market: Miami Beach
  • Acres: 0.3

The buyer's representative, Marko Gojanovic, and Reid Heidenry from Sotheby's International Realty, facilitated the purchase on behalf of the buyer. On the other hand, Dina Goldentayer and Julian Cohen from Douglas Elliman represented the seller, Mathieu Massa. The involvement of these experienced professionals highlights the significance of this high-profile transaction.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.7B

vol

94 deals

Broker

Mathieu Massa

Seller

$51.5M

vol

3 deals

Seller

Market 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

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93