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Biscay Drive, Miami, Florid...

Yerachmeal Jacobson Acquires Miami Beach Single Family For $11.75M
SOLDSingle Family Residence

Yerachmeal Jacobson Acquires Miami Beach Single Family For $11.75M

Biscay Drive, Miami, Florida 33154, United States

$11,750,000

$2,491/SF

Building Size

4,717 SF

Asset Type

Single Family Residence

Closing

Apr 26, 2022

AI

A single-family home located at 1400 Biscaya Dr in Miami Beach, FL was recently sold in a transaction on April 27, 2022. The property spans approximately 4,717 square feet and was sold at a price of $11,750,000, resulting in a price per square foot of $2,491.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,750,000
  • Address: 1400 Biscaya Dr, Miami Beach, FL
  • Market: Miami Beach, FL

The buyer in this transaction is Yerachmeal Jacobson, while Sanjay S Kamlani and Varkha S Kamlani are the sellers. They completed the sale of the property, with Yerachmeal Jacobson represented by their broker, Yerachmeal Jacobson - N/A Agency, and Sanjay S Kamlani and Varkha S Kamlani represented by their broker, Sanjay S Kamlani & Varkha S Kamlani - N/A Agency.

Players

Yerachmeal Jacobson

Bluejay Management Group

Broker

$117.1M

vol

9 deals

Broker

Yerachmeal Jacobson

Bluejay Management

Buyer

$117.1M

vol

9 deals

Buyer

Sanjay S Kamlani

Seller

$11.8M

vol

1 deal

Seller

Bal Harbour 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

1.35%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93