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3080 North Bay Road, Miami ...

Andres Isaias' Andian Group Sells Miami Beach SFR To Buyer's Rep Chad Carroll For $23.65M
SOLDSingle Family Residence

Andres Isaias' Andian Group Sells Miami Beach SFR To Buyer's Rep Chad Carroll For $23.65M

3080 North Bay Road, Miami Beach, FL, USA

$23,650,000

$2,513/SF

Building Size

9,408 SF

Asset Type

Single Family Residence

Closing

Feb 3, 2021

AI

Located in Miami Beach, the recently closed property transaction at 3080 N. Bay Road involved the sale of a single-family residential (SFR) asset. The transaction took place on February 4, 2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $23,650,000
  • Address: 3080 N. Bay Road
  • Market: Miami Beach

The seller, Andian Group represented by Andres Isaias, successfully sold the property. On the buyer's side, Chad Carroll from The Carroll Group at Compass acted as the buyer's representative. The seller was represented by Alejandro Diaz-Bazan from One Sotheby’s International Realty.

The property spans across 9,408 square feet, resulting in a price per square foot (PPSF) of $2,514.

Players

Chad Carroll

Compass

Broker

$1.7B

vol

84 deals

Broker
Andres Isaias

Andres Isaias

Andian Group

Seller

$157.1M

vol

8 deals

Seller

Miami 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

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93