facebook
Traded Co logo
Submit

Vinnijarvi Florida Limited Partnership Acquires Single-Family Property In Miami Beach For $29.5M, Represented By Bill Hernandez & Bryan Sereny - The Bill And Bryan Team - Douglas Elliman

Property Image
SOLD
$29,500,000
Bill Hernandez
+ 1

Florida

See Similar Deals
Single Family Residence12,804 SF
Sold 09/09/2021
the dealplayerscompscontact
Property Image
SOLD

Vinnijarvi Florida Limited Partnership Acquires Single-Family Property In Miami Beach For $29.5M, Represented By Bill Hernandez & Bryan Sereny - The Bill And Bryan Team - Douglas Elliman

5004 North Bay Road, Miami Beach, FL 33140, USA

See Similar Deals
Single Family Residence12,804 SF
Sold 09/09/2021
Bill Hernandez
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,304
Total Square Footage:12,804 SF
Transaction Type:Sale

A 12,804 square-foot single-family property located at 5004 North Bay Road in Miami Beach has been sold for $29,500,000. The transaction took place on September 9, 2021, with the buyer being Vinnijarvi Florida Limited Partnership and the seller being Jennifer Valoppi and Christian de Berdouare. The property was listed by The Bill and Bryan Team from Douglas Elliman, with Bill Hernandez and Bryan Sereny serving as the brokers in the deal.

Summary of transation details

  • Property Type: Single-Family
  • Transaction Amount: $29,500,000
  • Square Footage: 12,804
  • Address: 5004 North Bay Road, Miami Beach
  • Market: Miami Beach

Bill Hernandez and Bryan Sereny from The Bill and Bryan Team of Douglas Elliman represented the seller, Jennifer Valoppi and Christian de Berdouare, in this transaction. They played a crucial role in facilitating the sale of this single-family property in Miami Beach.

Players

Bryan Sereny
20 deals$247.7M volume
BROKER

Bill Hernandez
Douglas Elliman
19 deals$241.8M volume
BROKER


2 deals$40.5M volume
SELLER

Details

SOLD
IMAGE: Bill Hernandez & Bryan Sereny DATE: 09/09/2021 ADDRESS: 5004 North Bay Road MARKET: Miami Beach ASSET TYPE: Single-Family BUYER: Vinnijarvi Florida Limited Partnership SELLER: Jennifer Valoppi & Christian de Berdouare BROKERS: Bill Hernandez & Bryan Sereny - The Bill and Bryan Team - Douglas Elliman SALE PRICE: $29,500,000 SF: 12,804 ~ PPSF: $2,304

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,573,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$104,807.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$139,845.05
Annual Debt Service$1,678,140.60