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Berkshire Hathaway HomeServices Represents Buyers David Hunt Solomon And Jacqueline Oliva In $35.45M Sale

Property Image
SOLD
$35,447,962
Daniel (Danny) Hertzberg
Jill Hertzberg
+ 1

Florida

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Single Family Residence13,386 SF
Sold 12/09/2024
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Property Image
SOLD

Berkshire Hathaway HomeServices Represents Buyers David Hunt Solomon And Jacqueline Oliva In $35.45M Sale

6440 North Bay Road

See Similar Deals
Single Family Residence13,386 SF
Sold 12/09/2024
Daniel (Danny) Hertzberg
Jill Hertzberg
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,648
Total Square Footage:13,386 SF
Transaction Type:Sale

The property involved in this transaction is a single-family asset located at 6440 North Bay Road in the Miami Beach market. The sale price of the property was $35,447,962, covering a total of 13,386 square feet, which translates to a price per square foot of $2,648.

Summary of transaction details:

This transaction was characterized by the involvement of key representatives from notable real estate agencies, facilitating the sale between the parties. David Hunt Solomon and Jacqueline Oliva represented the buyers, while Daniel Hertzberg and Jill Hertzberg represented the sellers, showcasing a collaborative effort in finalizing the deal.

Players

David Hunt Solomon
29 deals$186.9M volume
BROKER

Jill Hertzberg
Coldwell Banker
87 deals$2.3B volume
BROKER

Daniel (Danny) Hertzberg
Coldwell Banker
63 deals$1.6B volume
BROKER

Jacqueline Oliva
Coldwell Banker
17 deals$113.6M volume
BROKER

Details

SOLD
IMAGE: Jacqueline Oliva, David Hunt Solomon, Jill Hertzberg & Daniel Hertzberg DATE: 12/09/2024 ADDRESS: 6440 North Bay Road MARKET: Miami Beach ASSET TYPE: Single Family BUYER'S REP: David Hunt Solomon (@DavidHuntSolomon) & Jacqueline Oliva (@Jacqueline.RealEstate) - Berkshire Hathaway HomeServices (@BHHSRealEstate) SELLER'S REP: Daniel Hertzberg (@DannyHertzberg) & Jill Hertzberg (@JillHertzberg) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $35,447,962 SF: 13,386 ~ PPSF: $2,648

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,890,557.98

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$125,939.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$168,041.42
Annual Debt Service$2,016,497.10