Updated Oct 28, 2024
Jill Hertzberg Acquires Miami Beach Single Family For $8.4M
5327 North Bay Road, Miami Beach, Florida 33140, United States
$8,400,000
$1,866/SF
Building Size
4,500 SF
Asset Type
Single Family Residence
Closing
Oct 23, 2022
About this deal
AI
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
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.9K per square foot on a published $8.4M for 4,500 square feet (2022).
Visit Jill Hertzberg to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93