Updated Sep 23, 2026
SOLDSingle Family Residence
Michelle Simkins & Jason Rubell Acquire Miami Beach SFR For $9.65M
6300 North Bay Road, Miami Beach, FL, USA
$9,650,000
$1,242/SF
Building Size
7,765 SF
Asset Type
Single Family Residence
Closing
Jan 20, 2021
About this deal
AI
Located in Miami Beach, the SFR at 6300 North Bay Road was recently sold in a closed transaction. The property spans a total of 7,765 square feet, with a price per square foot of $1,243. The sale took place on January 21, 2021, with a final sale price of $9,650,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,650,000
- Address: 6300 North Bay Road
- Market: Miami Beach
The buyer of the property was Michelle Simkins and Jason Rubell, while the seller was Gustavo Baptista Paulus. Representing the buyer was Brett Harris from Douglas Elliman, and representing the seller were Jill Hertzberg from The Jills Zeder Group - Coldwell Banker and Cassio Galiza from Podium Realty Group INC.
On the Map
$9,650,000
$1,242/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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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93