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Jill Hertzberg Acquires Miami Beach Single Family For $8.4M

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SOLD
$8,400,000

Florida

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Single Family Residence4,500 SF
Sold 10/24/2022
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Property Image
SOLD

Jill Hertzberg Acquires Miami Beach Single Family For $8.4M

5327 North Bay Road, Miami Beach, Florida 33140, United States

See Similar Deals
Single Family Residence4,500 SF
Sold 10/24/2022
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,866
Total Square Footage:4,500 SF
Transaction Type:Sale

A single-family property located at 5327 North Bay Road in Miami Beach has been sold for a total of $8,400,000. The property spans across approximately 0.2 acres and offers a living space of 4,500 square feet. With a price per square foot of $1,867, this transaction represents a significant investment in the Miami Beach market.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $8,400,000
  • Address: 5327 North Bay Road, Miami Beach
  • Market: Miami Beach
  • Lot Size: 0.2 acres

Jill Hertzberg and Jill Eber from The Jills Zeder Group - Coldwell Banker Realty acted as the buyer's representatives in this transaction. Danielle Deshe and David Deshe, who are associated with Vero Water, were the sellers of this property. Devin Kay, a representative from Douglas Elliman, represented the sellers in this deal. The involvement of these experienced professionals highlights the significance of this transaction.

Players

Jill Eber
45 deals$1.1B volume
BROKER

Jill Hertzberg
Coldwell Banker
90 deals$2.4B volume
BROKER

Douglas Elliman
BROKERAGE


Details

SOLD
IMAGE: Jill Hertzberg, David Deshe, Devin Kay & Jill Eber DATE: 10/24/2022 ADDRESS: 5327 North Bay Road MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.2 SELLER: Danielle Deshe (@DanielleDeshe); David Deshe (@DavidDeshe) - Vero Water (@VeroWater) BUYER'S REP: Jill Hertzberg (@JillHertzberg) & Jill Eber (@JillEber) - The Jills Zeder Group - Coldwell Banker Realty (@JillsZederGables) SELLER'S REP: Devin Kay (@Devin__Kay) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanFlorida) SALE PRICE: $8,400,000 SF: 4,500 ~ PPSF: $1,867

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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