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Stuart Schwadron & Stacey Ciulla Schwadron Acquire Bay Harbor Islands SFR For $4.8M

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SOLD
$4,800,000

Florida

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Single Family Residence5,400 SF
Sold 03/31/2022
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Property Image
SOLD

Stuart Schwadron & Stacey Ciulla Schwadron Acquire Bay Harbor Islands SFR For $4.8M

1270 98th Street, Bay Harbor Islands, Florida

See Similar Deals
Single Family Residence5,400 SF
Sold 03/31/2022
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$888
Total Square Footage:5,400 SF
Transaction Type:Sale

Located in Bay Harbor Islands, this single-family home at 1270 98th St has been sold in a recent transaction. The property spans approximately 5,400 square feet, offering ample space for its new owners. The sale price for this SFR property was $4,800,000, resulting in a price per square foot of $889.

Summary of transaction details:

The transaction was facilitated by Brett Harris from Douglas Elliman Real Estate, representing the buyer, Stuart Schwadron & Stacey Ciulla Schwadron. On the other side, Lydia Eskenazi, PA from One Sotheby's International Realty served as the seller's representative, assisting Anita Bigelman in the sale.

Players

Brett Harris
16 deals$590M volume(305) 764-9401
BROKER

Lydia Eskenazi
Sotheby's International Realty
24 deals$218.2M volume
BROKER

Details

SOLD
IMAGE: Brett Harris & Lydia Eskenazi DATE: 03/31/2022 ADDRESS: 1270 98th St MARKET: Bay Harbor Islands ASSET TYPE: SFR BUYER: Stuart Schwadron & Stacey Ciulla Schwadron SELLER: Anita Bigelman BUYER'S REP: Brett Harris (@BrettHarrisHomes) - Douglas Elliman Real Estate SELLER'S REP: Lydia Eskenazi, PA (@LydiaEskenazi) - One Sotheby's International Realty SALE PRICE: $4,800,000 SF: 5,400 ~ PPSF: $889

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
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