Updated Dec 11, 2024
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
About this deal
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:
- Property Type: Single Family
- Transaction Amount: $35,447,962
- Square Footage: 13,386
- Price per Square Foot: $2,648
- Address: 6440 North Bay Road
- Market: Miami Beach
- Buyer's Representative: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
- Seller's Representative: Daniel Hertzberg & Jill Hertzberg - Coldwell Banker
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.
On the Map
$35,447,962
$2,648/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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93