Updated Feb 13, 2026
Sterling Hayden Acquires Single Family Home On North Bay Road From Robert Mitchum For $8.75M
5077 North Bay Road
$8,750,000
$1,244/SF
Building Size
7,034 SF
Asset Type
Single Family Residence
Closing
Feb 5, 2026
About this deal
AI
The property asset involved in the transaction is a single-family home located at 5077 North Bay Road in Miami Beach. The sale price reached $8,750,000, with a total square footage of 7,034, resulting in a price per square foot of $1,243.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,750,000
- Address: 5077 North Bay Road
- Market: Miami Beach
- Square Footage: 7,034
- Price Per Square Foot: $1,243
- Buyer: Sterling Hayden
- Seller: Robert Mitchum
- Brokers: Jackson Keddell & Mushka Jacobson - Douglas Elliman
The key individuals involved in this transaction include the buyer, Sterling Hayden, and the seller, Robert Mitchum. The brokers representing both sides were Jackson Keddell and Mushka Jacobson, associated with Douglas Elliman, highlighting their involvement in the deal.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $8.8M for 7,034 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93