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6440 North Bay Road

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

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

6440 North Bay Road

$35,447,962

$2,648/SF

Building Size

13,386 SF

Asset Type

Single Family Residence

Closing

Dec 9, 2024

AI

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

Coldwell Banker

Broker

$186.9M

vol

29 deals

Broker

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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93