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4420 N Bay Rd, Miami Beach,...

Updated Dec 19, 2023

4420 North Bay Road SFR Sold For $10.8M By Jill Hertzberg And Purchased By Fabio Lopes
SOLDSingle Family Residence

4420 North Bay Road SFR Sold For $10.8M By Jill Hertzberg And Purchased By Fabio Lopes

4420 N Bay Rd, Miami Beach, FL 33140, USA

$10,800,000

$100/SF

Building Size

107,090 SF

Asset Type

Single Family Residence

Closing

Aug 4, 2020

About this deal

AI

The property involved in this closed sale transaction is located at 4420 North Bay Road in Miami Beach. It is a Single Family Residence (SFR) with a total area of 10,709 square feet. The sale took place on August 5, 2020, at a price of $10,800,000, resulting in a price per square foot of $1,361. The seller's representative in this transaction was Jill Hertzberg, while the buyer was represented by Fabio Lopes.

Summary of Transaction Details

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $10,800,000
  • Address: 4420 North Bay Road, Miami Beach
  • Square Footage: 10,709
  • Price per Square Foot: $1,361
  • Seller's Representative: Jill Hertzberg
  • Buyer's Representative: Fabio Lopes

This transaction involved the skilled negotiation and representation of Jill Hertzberg as the seller's representative and Fabio Lopes as the buyer's representative. Their expertise and knowledge of the Miami Beach market contributed to the successful conclusion of this sale.

Players

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $100 per square foot on a published $10.8M for 107,090 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.47%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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