Updated Dec 20, 2023
Rande Gerber & Cindy Crawford Acquire SFR In Miami Beach For $9.6M
4404 North Bay Road, Miami Beach, FL, USA
$9,625,000
$2,530/SF
Building Size
3,803 SF
Asset Type
Single Family Residence
Closing
Dec 29, 2020
About this deal
AI
Rande Gerber and Cindy Crawford have recently purchased a single-family home located at 4404 N. Bay Road in Miami Beach. The property, spanning 3,803 square feet, was sold for $9,625,000, resulting in a price per square foot of $2,531. This transaction took place on 12/30/2020.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,625,000
- Square Footage: 3,803
- Address: 4404 N. Bay Road, Miami Beach
Esther Percal of Berkshire Hathaway HomeServices EWM Realty represented Rande Gerber and Cindy Crawford as their buyer's representative in this deal. On the seller's side, Mirce Curkoski and Albert Justo of One Sotheby’s International Realty acted as the seller's representatives.
On the Map
$9,625,000
$2,530/SF
Single Family Residence
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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
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93