Updated Sep 9, 2024
One Sothebys Represents Buyer In $9.2M Sunny Isles Single Family Sale
18530 N Bay Rd, Sunny Isles Beach, FL, USA
$9,200,000
$1,226/SF
Building Size
7,500 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
About this deal
AI
A single-family property located at 18530 N Bay Rd in Sunny Isles was recently sold for $9,200,000. The property spans across 7,500 square feet, resulting in a price per square foot of $1,227. The transaction took place on April 30, 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,200,000
- Address: 18530 N Bay Rd
- Market: Sunny Isles
The seller was represented by Tal Alexander, Oren Alexander, and the Alexander Team from Douglas Elliman. On the buyer's side, Krista Karnis from One Sotheby's acted as the representative. The deal was successfully closed, providing a significant transaction in the Sunny Isles market.
Players
Sunny Isles 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93