Updated Jun 5, 2026
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
About this deal
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.
On the Map
$27,000,000
$4,482/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $4.5K per square foot on a published $27M for 6,023 square feet (2026).
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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