Jacob Ohayon Purchases Development Site From Danielle Klouche In Surfside For $4.8M
9316 Bay Drive
$4,800,000
$497/SF
Building Size
9,650 SF
Asset Type
Development Site
Closing
Dec 29, 2025
AI
The asset involved in this transaction is a development site located at 9316 Bay Drive in the Surfside market. The sale price was $4,800,000, with a total square footage of 9,650, equating to a price per square foot of $497.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,800,000
- Buyer: Jacob Ohayon
- Seller: Danielle Klouche
- Brokers: Harel Bitton & Mikhail Mudrik - The Agency
Key individuals in this transaction include Jacob Ohayon, who was the buyer, and Danielle Klouche, the seller. The brokerage involved was represented by Harel Bitton and Mikhail Mudrik from The Agency, who facilitated the transaction between the buyer and seller.
Players
Surfside Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93