Jonathan Cox Purchases Land At 4774 North Bay Road Miami Beach For $25.4 Million From Philip Gross
4774 North Bay Road
$25,407,000
Building Size
—
Asset Type
Land
Closing
Oct 1, 2025
AI
The asset involved in the transaction is a land property located at 4774 North Bay Road in Miami Beach. It was sold for a total amount of $25,407,000. The transaction was finalized on October 1, 2025.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $25,407,000
- Buyer: Jonathan Cox
- Seller: Philip Gross
- Sale Date: October 1, 2025
- Market: Miami Beach
In this transaction, Jonathan Cox represented the buyer while Philip Gross was the seller. The deal highlights the involvement of these key individuals who facilitated the transfer of the land property in Miami Beach.
Players
Miami Beach Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93