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Victoria And David Beckham Purchase Waterfront Mansion In Miami Beach For $80 Million

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SOLD
$80,000,000

Florida

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Single Family14,270 SF
Sold 09/27/2024
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Property Image
SOLD

Victoria And David Beckham Purchase Waterfront Mansion In Miami Beach For $80 Million

4736 North Bay Road

See Similar Deals
Single Family14,270 SF
Sold 09/27/2024
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$5,606
Total Square Footage:14,270 SF
Transaction Type:Sale

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.

Players

Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER

Details

SOLD
IMAGE: CONTRACT IMAGE: Victoria Beckham, David Beckham & Dora Puig DATE: 09/27/2024 ADDRESS: 4736 North Bay Road MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.6 BUYER: Victoria & David Beckham BROKER: Dora Puig (@DoraPuig) - Luxury Living Realty (@LuxuryLivingRealty) PRICE: $80,000,000 SF: 14,270 ~ PPSF: $5,606 NOTE: David and Victoria Beckham are purchasing a nearly completed waterfront mansion at 4736 North Bay Road in Miami Beach, listed for $80 million. The 14,270-square-foot estate, developed by Niklas de la Motte and designed by Choeff Levy Fischman, features nine bedrooms, a gym, spa, theater, and 124 feet of water frontage, with Dora Puig of Luxe Living Realty as the listing agent.

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

$4,266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$284,223.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$379,240.81
Annual Debt Service$4,550,889.77