Updated Jul 18, 2025
David R. Rodriguez Acquires Single Family Home In Sunny Isles Beach For $11.5M
18530 North Bay Road
$11,500,000
$1,531/SF
Building Size
7,511 SF
Asset Type
Single Family Residence
Closing
Jul 2, 2025
About this deal
AI
The property asset involved in this transaction is a single-family home located at 18530 North Bay Road in Sunny Isles Beach. It features a total of 7,511 square feet, with a sale price of $11,500,000, which translates to a price per square foot of $1,531.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,500,000
- Square Footage: 7,511
- Address: 18530 North Bay Road
- Market: Sunny Isles Beach
- Buyer's Name: David R. Rodriguez
- Seller's Name: Leslie Del Corieri
- Buyer's Representative: Alan Eskenazi - Miles Goldstein Real Estate
This transaction is noted as the most expensive sale in Sunny Isles Beach for a single-family home, reflecting a significant achievement in the local real estate market.
Players
Sunny Isles Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $11.5M for 7,511 square feet (2025).
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Browse Sunny Isles Beach 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