Jills Zeder Group Acquires Single Family Property In Miami Beach For $75M
$75,000,000
Building Size
—
Asset Type
—
Closing
Dec 20, 2021
About this deal
AI
A single-family property located in Miami Beach has been sold in a closed transaction. The property spans approximately 1.85 acres and has a total area of 14,785 square feet. The sale took place on December 20, 2021, with a sale price of $75,000,000 and a price per square foot of $5,073.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $75,000,000
- Market: Miami Beach
- Asset Type: Single Family
- Acres: 1.85
Jill Eber from Jills Zeder Group - Coldwell Banker Realty represented the buyer in this transaction. Elizabeth Lima from Berkshire Hathaway HomeServices Florida Realty represented the seller, Lourdes Sanjenis.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93