Ari Pearl Of PPG Development Sells Bay Harbor Islands Condo For $15M With Eli Jacoby As Buyer's Rep
10143 East Bay Harbor Drive
Building Size
4,902 SF
Asset Type
Condo
Closing
Feb 16, 2026
About this deal
AI
The property involved in this transaction is a condo located at 10143 East Bay Harbor Drive Unit PH-801 in the Bay Harbor Islands market. It was listed with an asking price of $15,000,000 and encompasses 4,902 square feet, resulting in a price per square foot of $3,060.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $15,000,000
- Address: 10143 East Bay Harbor Drive Unit PH-801
- Market: Bay Harbor Islands
- Seller: Ari Pearl - PPG Development
- Buyer's Representative: Eli Jacoby - The Brokerage South Florida Real Estate
- Square Footage: 4,902
- Price Per Square Foot: $3,060
The key individuals involved in this deal are seller Ari Pearl, representing PPG Development, and buyer's representative Eli Jacoby, from The Brokerage South Florida Real Estate, handling the transaction on behalf of the buyer.
Players
Bay Harbor Islands Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93