Ruthie Assouline And Ethan Assouline Of Douglas Elliman Represent Buyer In $8M Sale In Bay Harbor Islands
1261 99th Street
$8,000,000
$1,333/SF
Building Size
6,001 SF
Asset Type
Single Family Residence
Closing
Jan 13, 2026
AI
The property asset involved in this transaction is a single-family home located at 1261 99th Street in Bay Harbor Islands. The sale price was $8,000,000, with a total square footage of 6,001. The price per square foot amounts to $1,333.11.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,000,000
- Address: 1261 99th Street
- Market: Bay Harbor Islands
- Square Footage: 6,001
- Price per Square Foot: $1,333.11
- Buyer's Representation: Ruthie Assouline, Ethan Assouline - Douglas Elliman (DouglasEllimanFlorida)
- Seller's Representation: Shneur Shapira, Joel Lusky - The Brokerage South Florida Real Estate LLC
The buyer was represented by Ruthie Assouline and Ethan Assouline of Douglas Elliman, while Shneur Shapira and Joel Lusky from The Brokerage South Florida Real Estate LLC represented the seller. The Assouline Team noted their pride in successfully representing the buyer in this sale, emphasizing their strategic guidance and negotiation skills across various markets.
Players
Bay Harbor Islands Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93