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4550 Bay Point Road, Miami,...

Miami's SFR At 4550 Bay Point Rd Sells For $10M With Zachary Belil - Douglas Elliman And Juan Zuluaga - Graber Realty
SOLDSingle Family Residence

Miami's SFR At 4550 Bay Point Rd Sells For $10M With Zachary Belil - Douglas Elliman And Juan Zuluaga - Graber Realty

4550 Bay Point Road, Miami, Florida 33137, United States

$10,000,000

$1,487/SF

Building Size

6,721 SF

Asset Type

Single Family Residence

Closing

Aug 7, 2022

AI

The property involved in this closed transaction is a single-family home located at 4550 Bay Point Rd in Miami. The property spans approximately 6,721 square feet. The sale price for this property was $10,000,000, resulting in a price per square foot of $1,488.

Summary of transaction details

The deal was facilitated by brokers Zachary Belil from Douglas Elliman and Juan Zuluaga from Graber Realty. These individuals represented the parties involved in the transaction, ensuring a smooth and successful sale of the property.

Players

Zachary Belil

Douglas Elliman

Broker

$23M

vol

4 deals

Broker
Graber Realty Group
Graber Realty GroupBrokerage

Miami 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

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93