facebook
Traded Co logo
Submit

One Sotheby's International Realty Acquires SFR In Miami For $11.5M

Property Image
SOLD
$11,500,000
Zalmy Shapiro
Joel Lusky
+ 1

Florida

See Similar Deals
Single Family Residence3,967 SF
Sold 10/06/2022
the dealplayerscompscontact
Property Image
SOLD

One Sotheby's International Realty Acquires SFR In Miami For $11.5M

1400 Biscaya Drive

See Similar Deals
Single Family Residence3,967 SF
Sold 10/06/2022
Zalmy Shapiro
Joel Lusky
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,898
Total Square Footage:3,967 SF
Transaction Type:Sale

The property involved in this closed transaction is a single-family residence located at 1400 Biscaya Drive in Miami. The property spans approximately 3,967 square feet and was sold for a price of $11,500,000, resulting in a price per square foot of $2,899.

Summary of transaction details:

The buyer's representation in this deal was provided by Vanessa Frank and Harai Brin from ONE Sotheby's International Realty, while the seller's representation was handled by Joel Lusky and Zalmy Shapiro from The Brokerage South Florida Real Estate.

Players

Zalmy Shapiro
33 deals$288.3M volume
BROKER

Joel Lusky
The Brokerage South Florida Real Estate
44 deals$422.7M volume
BROKER

Vanessa Frank
Sotheby's International Realty
14 deals$57.7M volume
BROKER

Harai Brin
Sotheby's International Realty
1 deal$11.5M volume
BROKER

Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Vanessa Frank, Harai Brin, Joel Lusky & Zalmy Shapiro DATE: 10/06/2022 ADDRESS: 1400 Biscaya Drive MARKET: Miami ASSET TYPE: SFR BUYER'S REP: Vanessa Frank (@VanessaFrankMiami) & Harai Brin (@HaraiBrin) - ONE Sotheby's International Realty SELLER'S REP: Joel Lusky (@JoelLusky) & Zalmy Shapiro (@Zalmy_Shapiro) - The Brokerage South Florida Real Estate (@TheBrokerage_RE) SALE PRICE: $11,500,000 SF: 3,967 ~ PPSF: $2,899

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$613,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40