Sunset Lake 4744 LLC Acquires Single-Family Property In Miami Beach For $28.3M

Located at 2220 N. Bay Road in Miami Beach, this single-family home was recently sold for a staggering $28,300,000. With a total area of 4,910 square feet, the property boasts a price per square foot of $5,764. The transaction took place on June 6, 2022, and the sale was facilitated by Jeffrey Fields of One Sotheby's International Realty, representing the buyer, Sunset Lake 4744 LLC, who was advised by their attorney, Frank J. Estevez. The seller, Bindery Holdings LLC, was represented by Daniel Hertzberg of the Jill Zeder Group at Coldwell Banker.

Summary of transaction details

• Property Type: Single-Family
• Transaction Amount: $28,300,000
• Market: Miami Beach
• Buyer: Sunset Lake 4744 LLC - Charlene Ladas
• Seller: Bindery Holdings LLC - Richard Mendy - Third Point LLC
• Buyer's Representative: Jeffrey Fields - One Sotheby's International Realty
• Seller's Representative: Daniel Hertzberg - Jill Zeder Group - Coldwell Banker
• Buyer's Attorney: Frank J. Estevez
• Lender: TD Bank

Additionally, the deal involved Richard Mendy from Third Point LLC, representing the seller, and the lender for the transaction was TD Bank. With such a substantial sale price, this transaction showcases the high-value real estate market in Miami Beach.