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2324 N Bay Rd, Miami Beach,...

Updated Oct 29, 2024

2324 N Bay Rd In Miami Beach Sold For $18.25M By Estefano Isaias, With Buyer's Rep Marko Gojanovic And Seller's Rep Alejandro Diaz Bazan
SOLDSingle Family Residence

2324 N Bay Rd In Miami Beach Sold For $18.25M By Estefano Isaias, With Buyer's Rep Marko Gojanovic And Seller's Rep Alejandro Diaz Bazan

2324 N Bay Rd, Miami Beach, FL, USA

$18,250,000

$2,407/SF

Building Size

7,582 SF

Asset Type

Single Family Residence

Closing

Apr 8, 2021

About this deal

AI

A single-family property located at 2324 N Bay Rd in Miami Beach has been sold in a recent transaction. The property spans across 7,582 square feet and was sold for a price of $18,250,000, resulting in a price per square foot of $2,407.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $18,250,000
  • Address: 2324 N Bay Rd
  • Market: Miami Beach

The buyer of the property is 2324 N Bay LLC, while the seller is Estefano Isaias. Marko Gojanovic from One Sotheby’s International Realty represented the buyer in this deal, and Alejandro Diaz Bazan from The Jills Zeder Group - Coldwell Banker represented the seller.

These key individuals and companies played a crucial role in facilitating the transaction of the property located at 2324 N Bay Rd in Miami Beach. The buyer was represented by Marko Gojanovic, a real estate agent from One Sotheby’s International Realty, while Alejandro Diaz Bazan, a representative from The Jills Zeder Group - Coldwell Banker, represented the seller, Estefano Isaias.

Players

Alejandro Diaz-Bazan

Coldwell Banker

Broker

$368.5M

vol

20 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.4K per square foot on a published $18.3M for 7,582 square feet (2021).

Visit Marko Gojanovic to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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