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5300 North Bay Road

Keith Menin Sells Miami Beach Single Family Home For $27 Million With The Jills Zeder Group
SOLDSingle Family Residence

Keith Menin Sells Miami Beach Single Family Home For $27 Million With The Jills Zeder Group

5300 North Bay Road

$27,000,000

$4,482/SF

Building Size

6,023 SF

Asset Type

Single Family Residence

Closing

May 26, 2026

AI

This single-family property is located at 5300 North Bay Road in the Miami Beach market. The asset encompasses a total of 6,023 square feet and was sold for $27,000,000, resulting in a price per square foot of $4,482.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $27,000,000
  • Address: 5300 North Bay Road
  • Market: Miami Beach
  • Square Footage: 6,023
  • Price per Square Foot: $4,482
  • Seller: Keith Menin
  • Seller's Representative: Reid Heidenry, Marko Gojanovic & Roberto Quiroz @MRLuxuryGroup - ONE Sotheby's International Realty
  • Buyer's Representative: Jill Hertzberg & Danny Hertzberg - The Jills Zeder Group, Coldwell Banker

The transaction involves prominent real estate professionals, with the seller represented by Reid Heidenry, Marko Gojanovic, and Roberto Quiroz from MRLuxuryGroup at ONE Sotheby's International Realty. The buyer's interests were handled by Jill Hertzberg and Danny Hertzberg from The Jills Zeder Group, part of Coldwell Banker.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

91 deals

Broker
Keith Menin

Keith Menin

Seller

$154.1M

vol

12 deals

Seller

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

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93