Updated Sep 9, 2024
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
About this deal
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
- 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
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