Jacob Ohayon Purchases Development Site From Danielle Klouche In Surfside For $4.8M
SOLD
$4,800,000
Florida
See Similar DealsDevelopment Site9,650 SF
Sold 12/30/2025
SOLD
Jacob Ohayon Purchases Development Site From Danielle Klouche In Surfside For $4.8M
9316 Bay Drive
See Similar DealsDevelopment Site9,650 SF
Sold 12/30/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$497
Total Square Footage:9,650 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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