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7124 Bay Dr

Updated Aug 18, 2026

Sebastian Golod Purchases MultiFamily Property At 7124 Bay Dr Miami Beach For $912,000
SOLDMultiFamily

Sebastian Golod Purchases MultiFamily Property At 7124 Bay Dr Miami Beach For $912,000

7124 Bay Dr

$912,000

$192/SF

Building Size

4,732 SF

Asset Type

MultiFamily

Closing

Dec 9, 2014

About this deal

AI

The property asset involved in this transaction is a MultiFamily unit located at 7124 Bay Dr, Miami Beach, with a total square footage of 4,732. The transaction price was set at $912,000.00.

Summary of transaction details:

This transaction involved the representation of the buyer, Sebastian Golod, and the seller, Francisco Martinez Celeiro, facilitated by brokers Arthur Porosoff and David Cohen from Horvath & Tremblay, highlighting their role in the successful completion of the deal.

Players

David Cohen

Horvath & Tremblay

Broker

$67.3M

vol

10 deals

Broker

Sebastian Golod

Buyer
Buyer

Francisco Martinez Celeiro

Seller

$6M

vol

1 deal

Seller

Miami Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $192 per square foot on a published $912K for 4,732 square feet (2014).

Visit David Cohen to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

17.39%

Cash-on-Cash

-4.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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