Jonathan Bigelman & Marvin Bigelman Of ONE Sotheby’s International Realty Sell Bay Harbor Islands Home For $12.65M
9737 West Broadview Drive
$12,650,000
$1,547/SF
Building Size
8,173 SF
Asset Type
Single Family Residence
Closing
May 13, 2025
AI
The asset involved in this transaction is a single-family home located at 9737 West Broadview Drive in the Bay Harbor Islands market. This property spans an impressive 8,173 square feet and has a sale price of $12,650,000, resulting in a price per square foot of $1,547.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,650,000
- Address: 9737 West Broadview Drive
- Market: Bay Harbor Islands
- Square Footage: 8,173
- Price per Square Foot: $1,547
- Buyer & Seller's Representative: Jonathan Bigelman & Marvin Bigelman - ONE Sotheby’s International Realty
This transaction is notably highlighted as the highest sale ever recorded for a non-waterfront single-family home in Bay Harbor Islands. Both representatives expressed pride in being part of this noteworthy deal, which holds significant personal value as it was originally built by Marvin Bigelman, enhancing the importance of the sale within the family context and the wider luxury market in Miami.
Players
Bay Harbor Islands 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
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93