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4150 Bay Point Road

Jeremy Shockey Acquires Miami Luxury Home At 4150 Bay Point Road For $4.5M
SOLDSingle Family

Jeremy Shockey Acquires Miami Luxury Home At 4150 Bay Point Road For $4.5M

4150 Bay Point Road

$4,500,000

$1,178/SF

Building Size

3,817 SF

Asset Type

Single Family

Closing

Jan 31, 2025

AI

A single-family home at 4150 Bay Point Road in Miami has been sold for $4,500,000. The property spans 3,817 square feet, resulting in a price per square foot of $1,179. It is located in the exclusive Bay Point Estates and features a heated saltwater pool, a lavish primary suite, a chef’s kitchen, and multiple entertainment spaces.

Summary of transaction details:

Jeremy Shockey, a former star of the New York Giants, has completed the purchase of this luxury home with the assistance of broker Julian Johnston from The Corcoran Group, who represented both sides in this transaction.

Players

Julian Johnston

The Corcoran Group

Broker

$777.3M

vol

55 deals

Broker

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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93