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521 Holiday Drive

Jacob Ohayon Acquires Single Family Home In Hallandale Beach For $5M
SOLDSingle Family

Jacob Ohayon Acquires Single Family Home In Hallandale Beach For $5M

521 Holiday Drive

$5,000,000

$862/SF

Building Size

5,800 SF

Asset Type

Single Family

Closing

Jan 29, 2024

AI

This beautiful new construction single-family home located at 521 Holiday Drive in Hallandale Beach has been sold. The property features 6 bedrooms and 7 bathrooms. The transaction took place on January 29, 2024.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $5,000,000
  • Square Footage: 6,000
  • Price Per Square Foot: $833
  • Address: 521 Holiday Drive, Hallandale Beach
  • Market: Hallandale Beach

Jacob Ohayon is the buyer of this property. The deal was facilitated by Cristina Tipacti Ohayon from US Realty Bureau.

The buyer, Jacob Ohayon, plans to renovate the property with the assistance of his team at Edenvestfl. The home offers 90 feet of water frontage, making it ideal for those who own boats. Additionally, the property is currently available for rent at $45,000 or for sale at $6.5 million.

For further inquiries or to schedule a viewing, potential buyers or renters can contact Jacob Ohayon at 305-300-4545.

Players

Cristina Tipacti Ohayon

US Realty Bureau

Broker

$8.6M

vol

2 deals

Broker

North Miami Beach 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93