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4774 North Bay Road

Jonathan Cox Purchases Land At 4774 North Bay Road Miami Beach For $25.4 Million From Philip Gross
SOLDLand

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

Jonathan Cox

Buyer

$105.5M

vol

6 deals

Buyer

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