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2150 Bay Drive

Kendall Stephens Yuliya Sidorevskaya Francisco Lozano Of Julie's Realty Sell Multifamily In Miami Beach For $3.5M
SOLDMultiFamily

Kendall Stephens Yuliya Sidorevskaya Francisco Lozano Of Julie's Realty Sell Multifamily In Miami Beach For $3.5M

2150 Bay Drive

$3,500,000

$391/SF

Building Size

8,941 SF

Asset Type

MultiFamily

Closing

May 7, 2026

AI

The property asset involved in the transaction is a multifamily building located at 2150 Bay Drive in Miami Beach. The sale price was $3,500,000, comprising 12 units with a price per unit of $291,666. The total square footage of the property is 8,941, which translates to a price per square foot of $391.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 2150 Bay Drive
  • Market: Miami Beach
  • Units: 12
  • Price Per Unit: $291,666
  • Square Footage: 8,941
  • Price Per Square Foot: $391
  • Seller's Representatives: Kendall Stephens, Yuliya "Julie" Sidorevskaya & Francisco Lozano - Julie's Realty

The deal was represented by Kendall Stephens, Yuliya "Julie" Sidorevskaya, and Francisco Lozano, who are affiliated with Julie's Realty. These individuals played a significant role in facilitating the transaction, ensuring all necessary processes were effectively managed during the sale.

Players

Yuliya Sidorevskaya

Julie's Realty

Broker

$12.5M

vol

3 deals

Broker

Miami Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93