Updated Dec 21, 2023
Alison Zhuk Acquires Miami Beach SFR For $6.5M
1776 Bay Dr, Miami Beach, FL 33141, USA
$6,500,000
$122/SF
Building Size
53,270 SF
Asset Type
Single Family Residence
Closing
Sep 10, 2020
About this deal
AI
An SFR located at 1776 Bay Drive in Miami Beach was recently sold for $6,500,000. The property spans across 5,327 square feet, resulting in a price per square foot of $1,220. The transaction took place on September 11, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,500,000
- Square Footage: 5,327
- Price per Square Foot: $1,220
- Seller: Jaime Iriarte
- Buyer's Representative: Alison Zhuk - Douglas Elliman
- Seller's Representatives: Luis Dominguez - Douglas Elliman & Karl Hueck
The buyer's representative in this transaction was Alison Zhuk from Douglas Elliman. On the seller's side, the property was represented by Luis Dominguez and Karl Hueck, both from Douglas Elliman as well. The deal was successfully completed, marking a significant transaction in Miami Beach's real estate market.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $122 per square foot on a published $6.5M for 53,270 square feet (2020).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93