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
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.
Players
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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93