Updated Jul 27, 2026
13000 N. Bayshore Land Trust Purchases North Miami Home From JVP Development Group For $12.5M
13000 North Bayshore Drive
$12,500,000
$1,333/SF
Building Size
9,375 SF
Asset Type
Single Family
Closing
Jul 16, 2026
About this deal
AI
A North Miami single-family home located at 13000 North Bayshore Drive has been sold for $12,500,000. The property comprises a total area of 9,375 square feet, equating to a price per square foot of $1,333.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,500,000
- Address: 13000 North Bayshore Drive
- Market: North Miami
- Buyer: 13000 N. Bayshore Land Trust - Sandra Sigler as trustee
- Seller: JVP Development Group LLC
- Buyer's Representative: Todd Nordstrom - Compass
- Seller's Representative: Joel Lusky - The Brokerage South Florida Real Estate
- Square Feet: 9,375
- Price Per Square Foot: $1,333
Sandra Sigler’s land trust acquired the property from JVP Development Group. Todd Nordstrom from Compass represented the buyer in the transaction, while Joel Lusky of The Brokerage facilitated the deal for the seller.
On the Map
$12,500,000
$1,333/SF
Single Family
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Players
North Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93