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1236 Biscaya Drive

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

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.

Players

Zalmy Shapiro

The Brokerage South Florida Real Estate

Broker

$288.3M

vol

33 deals

Broker

Market 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

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93