Updated Sep 8, 2026
Jacob Ohayon Secures $9,062,500 Bridge Loan For Waterfront Home In Surfside
9250 Bay Drive
$9,062,500
$2,969/SF
Building Size
3,052 SF
Asset Type
Single Family Residence
Closing
Aug 27, 2026
About this deal
AI
A single-family home located at 9250 Bay Drive in Surfside, Florida, encompasses 3,052 square feet and sits on a 17,550 square foot lot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,062,500
- Lender: David Burstyn - Winston Capital Management
- Borrower: Jacob Ohayon
- Loan Type: Bridge
- Loan Terms: 12 months
This deal represents the collaboration between real estate developer Jacob Ohayon and lender David Burstyn, who is associated with Winston Capital Management, a firm that has financed over $44 million in the Surfside and Bay Harbor markets recently.
Players
Surfside Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.75%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93