Updated Oct 29, 2024
Michele Figdor & Drew Figdor Acquire Bay Harbor Islands SFR For $11.5M
9540 West Broadview Drive, Bay Harbor Islands, FL, USA
$11,500,000
$1,345/SF
Building Size
8,547 SF
Asset Type
Single Family Residence
Closing
Dec 15, 2020
About this deal
AI
A single-family home located at 9540 West Broadview Drive in Bay Harbor Islands was recently sold for $11,500,000. The property spans 8,547 square feet, resulting in a price per square foot of $1346. The transaction took place on 12/16/2020.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $11,500,000
- Address: 9540 West Broadview Drive
- Market: Bay Harbor Islands
The buyers of the property were Michele Figdor and Drew Figdor from TIG Advisors, represented by Eloy Carmenate and Mick Duchon from Douglas Elliman. The sellers were Bay Harbor Project LLC, with Nelson Gonzalez from Berkshire Hathaway HomeServices EWM Realty serving as their representative in the deal.
Players
Bay Harbor Islands Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Nelson Gonzalez to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93