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Bay Harbor Islands, Florida...

Moshe Medlowitz - Capstone Acquires Single Family Home In Bay Harbor Islands For $6.5M
SOLDSingle Family Residence

Moshe Medlowitz - Capstone Acquires Single Family Home In Bay Harbor Islands For $6.5M

Bay Harbor Islands, Florida, United States

$6,500,000

$838/SF

Building Size

7,752 SF

Asset Type

Single Family Residence

Closing

Jan 25, 2022

AI

A single family home located in Bay Harbor Islands has been sold for $6,500,000. The property spans across 7,752 square feet, resulting in a price per square foot of $838. The sale took place on January 26, 2022. The buyers, represented by Moshe Medlowitz of Capstone, purchased the property from Sagi and Elana Genger. The brokers involved in the transaction were Allan Kleer and Fabian Garcia Diaz from One Sotheby's International Realty.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,500,000
  • Square Footage: 7,752
  • Price per Square Foot: $838
  • Market: Bay Harbor Islands

Moshe Medlowitz, representing Capstone, acted as the buyer in this transaction. The sellers were Sagi and Elana Genger. The deal was facilitated by brokers Allan Kleer and Fabian Garcia Diaz from One Sotheby's International Realty.

Players

Fabian Garcia-Diaz

Sotheby's International Realty

Broker

$61.5M

vol

9 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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93