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
$29,500,000
$2,304/SF
Building Size
12,804 SF
Asset Type
Single Family Residence
Closing
Sep 9, 2021
AI
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
Miami Beach 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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93