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9814 West Broadview Drive, ...

Updated Oct 28, 2024

Fued Elias Sadala Jr. & Silvane Maria Coelho Sadala Acquire SFR In Bay Harbor Islands For $12M
SOLDSingle Family Residence

Fued Elias Sadala Jr. & Silvane Maria Coelho Sadala Acquire SFR In Bay Harbor Islands For $12M

9814 West Broadview Drive, Bay Harbor Islands, FL 33154, USA

$12,000,000

$1,690/SF

Building Size

7,098 SF

Asset Type

Single Family Residence

Closing

Jul 26, 2020

About this deal

AI

A waterfront single-family residence located at 9814 W Broadview Dr in Bay Harbor Islands has been sold for a record-breaking price. The property offers 7,098 square feet of living space and features stunning views. The sale price was set at $12,000,000, which translates to a price per square foot of $1,690. This transaction marks the highest waterfront sale ever recorded in Bay Harbor Islands.

Summary of Transaction Details

  • Property Type: Single-Family Residence
  • Transaction Amount: $12,000,000
  • Date: 07/26/2021
  • Address: 9814 W Broadview Dr
  • Market: Bay Harbor Islands
  • Buyer: Fued Elias Sadala Jr. & Silvane Maria Coelho Sadala
  • Seller: Orsan Properties - Matty Oren
  • Broker: Devin Kay
  • Asking Price: $12,500,000
  • Square Footage: 7,098
  • Price per Square Foot: $1,690

The buyer of this impressive property is Fued Elias Sadala Jr. & Silvane Maria Coelho Sadala. On the other hand, Orsan Properties, represented by Matty Oren, completed the sale. The deal was facilitated by broker Devin Kay. This sale sets a new benchmark in the Bay Harbor Islands real estate market, with its impressive waterfront location and luxurious features.

Players

Douglas Elliman
Douglas EllimanBrokerage

Bay Harbor Islands Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.7K per square foot on a published $12M for 7,098 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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