Updated Sep 9, 2024
$12.9M Surfside SFR Sale On Biscaya Dr. With Oren Alexander, Tal Alexander & Christopher M. Wands
1380 Biscaya Drive, Miami Beach, Florida 33154, United States
$12,875,000
$1,550/SF
Building Size
8,304 SF
Asset Type
Single Family Residence
Closing
Feb 13, 2022
About this deal
AI
A single-family residence located at 1380 Biscaya Drive in Surfside, Miami has been sold for a price of $12,875,000. The property spans a total area of 6,499 square feet and has a price per square foot of $1,981. Additionally, it sits on a spacious lot measuring 19,750 square feet.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,875,000
- Address: 1380 Biscaya Drive, Surfside, Miami
- Market: Surfside, Miami
- Asset Type: SFR
The buyer's representatives involved in the transaction were Oren Alexander, Tal Alexander, and Isaac Lustgarten from the Alexander Team at Douglas Elliman. On the other side, the seller was represented by Christopher M. Wands, also from Douglas Elliman. Together, they facilitated the successful completion of the sale.
On the Map
$12,875,000
$1,550/SF
Single Family Residence
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Surfside Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93