facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

5725 Northeast Bayshore Drive

David Wallack Sells Waterfront Estate In Miami For $16 Million With Broker Jill Eber
SOLDSingle Family

David Wallack Sells Waterfront Estate In Miami For $16 Million With Broker Jill Eber

5725 Northeast Bayshore Drive

$16,000,000

$2,961/SF

Building Size

5,402 SF

Asset Type

Single Family

Closing

Sep 10, 2025

AI

5725 North Bayshore Drive is a single-family waterfront estate located in Miami's Morningside neighborhood. The property encompasses 5,402 square feet on a 0.86-acre lot and was sold for $16,000,000, reflecting a price per square foot of $2,962.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,000,000
  • Address: 5725 North Bayshore Drive
  • Market: Miami
  • Square Footage: 5,402 SF
  • Price per Square Foot: $2,962
  • Seller: David Wallack - Mango’s Tropical Café
  • Broker: Jill Eber - The Jills Zeder Group - Coldwell Banker
  • Lot Size: 0.86 Acres

Jill Eber from The Jills Zeder Group represented the seller, David Wallack, in the transaction. This deal involved a prestigious estate commonly referred to as “Whispering Pines” and included notable features such as 125 feet of Biscayne Bay frontage and luxury amenities like a private dock and guest cottage.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker
David Wallack

David Wallack

Mango’s Tropical Café

Seller

$16M

vol

1 deal

Seller

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93