Melisa Azran Attias Of Beachfront Realty Represents Both Buyer And Seller In $7.2M Miami Beach Sale
1275 North Biscayne Point Road
$7,200,000
Building Size
—
Asset Type
Single Family Residence
Closing
May 10, 2026
AI
The property located at 1275 North Biscayne Point Road in Miami Beach is a single-family asset sold off-market for a total of $7,200,000. This sale sets a new record on Biscayne Point, being $500,000 above the previous highest land sale for a development site of its kind.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,200,000
- Address: 1275 North Biscayne Point Road
- Market: Miami Beach
- Buyer & Seller's Rep: Melisa Azran Attias - Beachfront Realty
Melisa Azran Attias, representing both the buyer and the seller, continues to serve a niche market focused on luxury homes and premier opportunities within Biscayne Point, facilitating this exclusive deal.
Players
Miami Beach 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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93