The property is a single-family Spanish-style bayfront home located at 4340 North Bay Road in Miami Beach, sold for $25,000,000. The home spans 8,764 square feet and is situated on a 0.37-acre lot with 100 feet of bay frontage on Biscayne Bay. It features six bedrooms, a dock suitable for a large yacht, an infinity pool, an outdoor kitchen, and a three-car garage equipped with car lifts.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $25,000,000
• Address: 4340 North Bay Road
• Market: Miami Beach
• Asset Size: 8,764 SF
• Price per Square Foot: $2,853
• Seller: Amir Kermani
• Brokers: Julian Johnston & James Vanas - The Corcoran Group

Amir Kermani sold the property after initially listing it for $30,000,000. The unidentified buyer was represented by James Vanas, while the listing agent was Julian Johnston.