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1261 99th Street

Ruthie Assouline And Ethan Assouline Of Douglas Elliman Represent Buyer In $8M Sale In Bay Harbor Islands
SOLDSingle Family Residence

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:

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

Ruthie Assouline

Douglas Elliman

Broker

$548.8M

vol

29 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93