Updated Oct 1, 2026
Back Lake LLC Acquires Single Family Home In Miami From Aincd Trust For $11.5M
2820 Brickell Avenue
$11,500,000
$1,763/SF
Building Size
6,522 SF
Asset Type
Single Family
Closing
Sep 22, 2026
About this deal
AI
A single-family home located at 2820 Brickell Avenue in Miami has been sold for $11.5 million. The property encompasses 6,522 square feet, resulting in a price per square foot of $1,763. The asset was sold in the Miami market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,500,000
- Address: 2820 Brickell Avenue
- Market: Miami
- Square Footage: 6,522
- Price per Square Foot: $1,763
- Buyer: Back Lake LLC
- Seller: Aincd Trust Amended and Restated - David M. Sahargun as trustee
- Buyer's Representative: Daniel (Danny) Hertzberg - Coldwell Banker
- Seller's Representative: David Siddons - Douglas Elliman
Daniel (Danny) Hertzberg of Coldwell Banker represented the buyer, Back Lake LLC, in this transaction, while David Siddons of Douglas Elliman represented the seller, Aincd Trust Amended and Restated, with David M. Sahargun acting as trustee.
On the Map
$11,500,000
$1,763/SF
Single Family
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Players
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93