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9250 Bay Drive

Updated Sep 9, 2024

Jennifer Zawid & Peter F. Hickey Sell Surfside SFR For $9.4M
SOLDDevelopment Site

Jennifer Zawid & Peter F. Hickey Sell Surfside SFR For $9.4M

9250 Bay Drive

$9,400,000

$2,752/SF

Building Size

3,415 SF

Asset Type

Development Site

Closing

May 16, 2022

About this deal

AI

Located at 9250 Bay Dr in Surfside, this single-family residential property was recently sold. The property spans approximately 3,415 square feet and boasts a sale price of $9,400,000, resulting in a price per square foot of $2,753.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $9,400,000
  • Seller: Jennifer Zawid & Peter F. Hickey
  • Brokers: Joel Lusky & Zalmy Shapiro - The Brokerage

The deal involved sellers Jennifer Zawid and Peter F. Hickey. The brokers responsible for facilitating the transaction were Joel Lusky and Zalmy Shapiro from The Brokerage.

Players

Zalmy Shapiro

The Brokerage South Florida Real Estate

Broker

$360M

vol

37 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
FM Home Loans
FM Home LoansLender

Surfside Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $2.8K per square foot on a published $9.4M for 3,415 square feet (2022).

Visit Zalmy Shapiro to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.69%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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