Updated Dec 4, 2024
Victoria And David Beckham Purchase Waterfront Mansion In Miami Beach For $80 Million
4736 North Bay Road
$80,000,000
$5,606/SF
Building Size
14,270 SF
Asset Type
Single Family
Closing
Sep 27, 2024
About this deal
AI
The property asset involved in this transaction is a nearly completed waterfront mansion located at 4736 North Bay Road in Miami Beach. The estate is listed for $80 million and encompasses a total area of 14,270 square feet. It features nine bedrooms along with amenities such as a gym, spa, and theater, all situated on a 0.6-acre lot with 124 feet of water frontage.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $80,000,000
- Address: 4736 North Bay Road
- Market: Miami Beach
- Square Footage: 14,270 SF
- Price Per Square Foot: $5,606
- Buyer: Victoria & David Beckham
- Broker: Dora Puig - Luxury Living Realty
In this transaction, Victoria and David Beckham are the buyers represented by broker Dora Puig from Luxury Living Realty. The property was developed by Niklas de la Motte and designed by Choeff Levy Fischman, indicating a collaboration with renowned professionals in the industry.
On the Map
$80,000,000
$5,606/SF
Single Family
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Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $5.6K per square foot on a published $80M for 14,270 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93