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
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