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10201 East Broadview Drive,...

Martin Handler Acquires Bay Harbor Island SFR For $5.3M With Buyer's Rep Maricela Maury
SOLDSingle Family Residence

Martin Handler Acquires Bay Harbor Island SFR For $5.3M With Buyer's Rep Maricela Maury

10201 East Broadview Drive, Bay Harbor Islands, Florida 33154, United States

$5,300,000

$1,347/SF

Building Size

3,934 SF

Asset Type

Single Family Residence

Closing

Jan 30, 2022

AI

A single-family home located at 10201 E Broadview Dr in Bay Harbor Island has been sold for a record-breaking price. The property spans 3,934 square feet and was sold for $5,300,000, resulting in a price per square foot of $1,347. This transaction marks the highest price per square foot ever recorded in Bay Harbor Island.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $5,300,000
  • Address: 10201 E Broadview Dr, Bay Harbor Island
  • Market: Bay Harbor Island

The buyer of the property is Martin Handler. Representing the buyer is Maricela Maury from The Corcoran Group. On the other hand, Fabian and Maryanne Basabe were the sellers. Dean Bloch from Douglas Elliman and Bryan Sereny served as the seller's representatives in this deal.

This sale transaction has not only set a new record for the highest price per square foot in Bay Harbor Island but also highlights the successful collaboration between the buyer's representative, Maricela Maury, and the seller's representative, Dean Bloch. It's a testament to their expertise and negotiation skills that they were able to secure such a lucrative deal for their respective clients.

Players

Bryan Sereny

Douglas Elliman

Broker

$247.7M

vol

20 deals

Broker

Martin Handler

Buyer

$16.6M

vol

3 deals

Buyer

Bay Harbor Islands Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.99%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93