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1730 Bay Drive

Robert Garner Acquires Single Family Home In Miami Beach For $8.8M With Julian Johnston As Buyer's Rep
SOLDSingle Family Residence

Robert Garner Acquires Single Family Home In Miami Beach For $8.8M With Julian Johnston As Buyer's Rep

1730 Bay Drive

$8,800,000

$2,006/SF

Building Size

4,386 SF

Asset Type

Single Family Residence

Closing

Dec 4, 2025

AI

The property involved in the transaction is a single-family home located at 1730 Bay Drive in Miami Beach. The asset features a total square footage of 4,386 and was sold for a transaction amount of $8,800,000, resulting in a price per square foot of $2,006.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $8,800,000
  • Address: 1730 Bay Drive
  • Market: Miami Beach
  • Square Footage: 4,386
  • Price per Square Foot: $2,006
  • Buyer: Robert Garner
  • Seller: Juan Altirriba
  • Buyer's Representative: Julian Johnston - The Corcoran Group
  • Seller's Representatives: Lourdes Alatriste & Nicholas Cato - Douglas Elliman

The transaction involved Robert Garner as the buyer and Juan Altirriba as the seller, facilitated by their respective representatives. Julian Johnston represented the buyer through The Corcoran Group, while the seller was represented by Lourdes Alatriste and Nicholas Cato from Douglas Elliman.

Players

Lourdes Alatriste

Douglas Elliman

Broker

$535.9M

vol

38 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Miami Beach 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

1.80%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93