Patrick C Emans Acquires SFR In Miami Beach, FL For $38.5M
6396 North Bay Road, Miami Beach, Florida 33141, United States
$38,500,000
$2,660/SF
Building Size
14,469 SF
Asset Type
Single Family Residence
Closing
Jan 23, 2022
AI
Located at 6396 N Bay Rd in Miami Beach, FL, this single-family home (SFR) was sold on January 24, 2022. The property spans 14,469 square feet and was sold at a price of $38,500,000, resulting in a price per square foot of $2,660.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $38,500,000
- Buyer: Patrick C Emans
- Seller: Philippe Harari
- Address: 6396 N Bay Rd, Miami Beach, FL
- Market: Miami Beach, FL
- Price per Square Foot: $2,660
The buyer of this property was Patrick C Emans, while the seller was Philippe Harari.
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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93