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9316 Bay Drive

Jacob Ohayon Purchases Development Site From Danielle Klouche In Surfside For $4.8M
SOLDDevelopment Site

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:

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

Harel Bitton

Broker

$31M

vol

7 deals

Broker
Jacob Ohayon

Jacob Ohayon

Buyer

$108.4M

vol

16 deals

Buyer

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