Updated Sep 9, 2024
18530 North Bay Road Single Family Sold For $9.5M With Representation By Isaac Lustgarten, Oren & Tal Alexander - Alexander Team - Douglas Elliman
18530 North Bay Road, Sunny Isles Beach, FL, USA
$9,500,000
$1,338/SF
Building Size
7,100 SF
Asset Type
Single Family Residence
Closing
Apr 30, 2021
About this deal
AI
The single-family property located at 18530 North Bay Road in Sunny Isles Beach has been sold. The transaction, which closed on 05/01/2021, involved an asking price of $9,500,000. The property spans over 7,100 square feet, resulting in a price per square foot of $1,338.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,500,000
- Market: Sunny Isles Beach
- Address: 18530 North Bay Road
The sale of this property was facilitated by the Alexander Team from Douglas Elliman. The team, consisting of Isaac Lustgarten, Oren Alexander, and Tal Alexander, played a key role as brokers in the deal.
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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93