Updated Oct 25, 2024
Mark Simon Acquires Bay Harbor Islands SFR For $5.25M
1350 99th Street
$5,250,000
$954/SF
Building Size
5,500 SF
Asset Type
Single Family Residence
Closing
Apr 21, 2023
About this deal
AI
A single-family residential property located at 1350 99th Street in Bay Harbor Islands has been sold for a price of $5,250,000. The property spans approximately 5,500 square feet, resulting in a price per square foot of $955.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,250,000
- Address: 1350 99th Street
- Market: Bay Harbor Islands
The buyer of the property is Mark Simon. The transaction was facilitated by Joel Lusky and Zalmy Shapiro of The Brokerage.
The single family residence sale at 1350 99th Street in Florida sold for $5.3M in 2023. The building is 5,500 square feet, implying about 954 per square foot on the published price. Zalmy Shapiro, Joel Lusky, Mark Simon, 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 1350 99th Street 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 1350 99th Street around 2023. Published consideration for 1350 99th Street is $5.3M, dated 2023. Cite this Mark Simon Acquires Bay Harbor Islands SFR For $5.25M sale when underwriting similar single family residence product around Florida.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $954 per square foot on a published $5.3M for 5,500 square feet (2023).
Visit Zalmy Shapiro to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93