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1236 Biscaya Drive

Updated Sep 9, 2024

Zalmy Shapiro & Joel Lusky Acquire Surfside SFR For $15.3M
SOLDSingle Family Residence

Zalmy Shapiro & Joel Lusky Acquire Surfside SFR For $15.3M

1236 Biscaya Drive

$15,325,000

$1,996/SF

Building Size

7,675 SF

Asset Type

Single Family Residence

Closing

Mar 7, 2023

About this deal

AI

A single-family residential property located at 1236 Biscaya Drive in Surfside has been sold for a total of $15,325,000. The property spans approximately 9,655 square feet, resulting in a price per square foot of $1,587.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,325,000
  • Address: 1236 Biscaya Drive
  • Market: Surfside
  • Square Footage: 9,655
  • Price per Square Foot: $1,587

The buyer's representatives in this transaction were Zalmy Shapiro and Joel Lusky from The Brokerage.

The single family residence sale at 1236 Biscaya Drive in Florida sold for $15.3M in 2023. The building is 7,675 square feet, implying about 2K per square foot on the published price. Zalmy Shapiro, Joel Lusky, The Brokerage South Florida Real Estate appear on the sale alongside The Brokerage South Florida Real Estate. This page is the Florida file for the 1236 Biscaya Drive single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Florida sit in the Market section below. Filter that local single family residence set by closing date to see what else sold near 1236 Biscaya Drive around 2023. Published consideration for 1236 Biscaya Drive is $15.3M, dated 2023. Cite this Zalmy Shapiro & Joel Lusky Acquire Surfside SFR For $15.3M sale when underwriting similar single family residence product around Florida.

Players

Zalmy Shapiro

The Brokerage South Florida Real Estate

Broker

$360M

vol

37 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2K per square foot on a published $15.3M for 7,675 square feet (2023).

Visit Zalmy Shapiro to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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