Ryan Tolkin And Ariella Tolkin Acquire SFR On North Bay Road In Miami Beach With Buyer's Rep Hillary Hertzberg, For $13.75M
4380 North Bay Road, Miami Beach, FL, USA
$13,750,000
$1,774/SF
Building Size
7,748 SF
Asset Type
Single Family Residence
Closing
Feb 25, 2021
AI
A single-family residence located at 4380 North Bay Road in Miami Beach has been sold for a price of $13,750,000. The property spans approximately 7,748 square feet, resulting in a price per square foot of $1,775. The transaction took place on February 26, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $13,750,000
- Address: 4380 North Bay Road, Miami Beach
- Market: Miami Beach
Ryan Tolkin from Schonfeld Strategic Advisors and Ariella Tolkin from Jefferies acted as the buyers in the transaction, while Abraham Franco served as the seller. Hillary Hertzberg from The Jills Zeder Group - Coldwell Banker represented the buyers, and Mendel Fellig from Compass represented the seller.
Players
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
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93