Miami's SFR At 4550 Bay Point Rd Sells For $10M With Zachary Belil - Douglas Elliman And Juan Zuluaga - Graber Realty
SOLD
$10,000,000
Florida
See Similar DealsSingle Family Residence6,721 SF
Sold
SOLD
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
See Similar DealsSingle Family Residence6,721 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1487
Total Square Footage:6721 SF
Transaction Type:Sale
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
- Property Type: SFR
- Transaction Amount: $10,000,000
- Address: 4550 Bay Point Rd
- Market: Miami
- BROKER: Zachary Belil - Douglas Elliman; Juan Zuluaga - Graber Realty
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
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