Updated Oct 28, 2024
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
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93