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Lydia Eskenazi & Jonathan Bigelman Close $5.85M Single Family Sale In Bal Harbour

Property Image
SOLD
$5,850,000
Jonathan Bigelman
Lydia Eskenazi

Florida

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Single Family2,120 SF
Sold 04/17/2024
the dealplayerscompscontact
Property Image
SOLD

Lydia Eskenazi & Jonathan Bigelman Close $5.85M Single Family Sale In Bal Harbour

165 Biscay Drive

See Similar Deals
Single Family2,120 SF
Sold 04/17/2024
Jonathan Bigelman
Lydia Eskenazi
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,759
Total Square Footage:2,120 SF
Transaction Type:Sale

The property located at 165 Biscay Drive in Bal Harbour was a single-family asset that was recently sold for $5,850,000. Spanning 2,120 square feet, the property was transacted at a price per square foot of $2,759.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,850,000
  • Address: 165 Biscay Drive
  • Market: Bal Harbour

Lydia Eskenazi and Jonathan Bigelman from One Sotheby's International Realty represented the parties involved in the sale of this property. The collaboration between the brokers culminated in a successful transaction within the exclusive Bal Harbour Village. Contact these experts for more information on this prime development opportunity.

Players

Lydia Eskenazi
Sotheby's International Realty
Lydia Eskenazi
24 deals$218.2M volume
BROKER
Jonathan Bigelman
Sotheby's International Realty
Jonathan Bigelman
19 deals$212.5M volume(786) 246-2068
BROKER

Details

SOLD
IMAGE: Jonathan Bigelman & Lydia Eskenazi DATE: 04/17/2024 ADDRESS: 165 Biscay Drive MARKET: Bal Harbour ASSET TYPE: Single Family BROKERS: Lydia Eskenazi (@LydiaEskenazi) & Jonathan Bigelman (@Miami.Broker) - One Sotheby's International Realty (@Onesir) SALE PRICE: $5,850,000 SF: 2,120 ~ PPSF: $2,759 NOTE FROM BROKERS: Lydia Eskenazi and Jonathan Bigelman with One Sotheby's do it again inside the gates of Bal Harbour Village! This was a prime development opportunity. Congrats to the buyer, seller, and all parties involved. Contact the Bal Harbour experts for any additional information.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$312,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,783.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,731.98
Annual Debt Service$332,783.81