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8900 Bay Drive

Granada Hills Acquires Surfside Single Family Home From Mark Halpern For $14.3M
SOLDSingle Family Residence

Granada Hills Acquires Surfside Single Family Home From Mark Halpern For $14.3M

8900 Bay Drive

$14,300,000

$2,607/SF

Building Size

5,485 SF

Asset Type

Single Family Residence

Closing

Apr 16, 2026

AI

The property asset involved in this transaction is a single-family home located at 8900 Bay Drive in the Surfside market. The sale price for the property was $14,300,000, with a total square footage of 5,485, resulting in a price per square foot of $2,607.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $14,300,000
  • Address: 8900 Bay Drive
  • Market: Surfside
  • Square Footage: 5,485
  • Price per Square Foot: $2,607
  • Buyer: Granada Hills
  • Seller: Mark Halpern
  • Seller's Representative: Jill Hertzberg - The Jills Zeder Group | Coldwell Banker

The transaction highlights the involvement of Granada Hills as the buyer and Mark Halpern as the seller. Jill Hertzberg, representing the seller, is affiliated with The Jills Zeder Group at Coldwell Banker.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

92 deals

Broker

Surfside 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

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93