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9737 West Broadview Drive

Jonathan Bigelman & Marvin Bigelman Of ONE Sotheby’s International Realty Sell Bay Harbor Islands Home For $12.65M
SOLDSingle Family Residence

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:

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

Jonathan Bigelman

Sotheby's International Realty

Broker

$212.5M

vol

19 deals

Broker

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