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6360 North Bay Road, Miami ...

Updated Sep 9, 2024

Assouline Team Brokers $44M Off-Market Sale Of Miami Beach SFR
SOLDSingle Family Residence

Assouline Team Brokers $44M Off-Market Sale Of Miami Beach SFR

6360 North Bay Road, Miami Beach, FL, USA

$44,000,000

$836/SF

Building Size

52,608 SF

Asset Type

Single Family Residence

Closing

Nov 29, 2020

About this deal

AI

The sale of a single-family residential property located at 6360-6342 North Bay Road in Miami Beach took place on November 30, 2020. The property has a lot size of 52,608 square feet.

Summary of transaction details:

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $44,000,000

The sale was an off-market transaction facilitated by Ruthie Assouline and Ethan Assouline from the AssoulineTeam, who were the sole brokers involved in the deal.

The single family residence sale at 6360 North Bay Road, Miami Beach, FL, USA in Miami Beach, Florida sold for $44M in 2020. The building is 52,608 square feet, implying about 836 per square foot on the published price. Ethan Assouline, Ruthie Assouline, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the Miami Beach, Florida file for the 6360 North Bay Road, Miami Beach, FL, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 6360 North Bay Road, Miami Beach, FL, USA around 2020. Published consideration for 6360 North Bay Road, Miami Beach, FL, USA is $44M, dated 2020. Cite this Assouline Team Brokers $44M Off-Market Sale Of Miami Beach SFR sale when underwriting similar single family residence product around Miami Beach, Florida.

Players

Ruthie Assouline

Douglas Elliman

Broker

$569.7M

vol

31 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $836 per square foot on a published $44M for 52,608 square feet (2020).

Visit Ethan Assouline to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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