Updated Oct 19, 2026
G Family Residence Trust Purchases Single Family Home In Miami For $11.85M From The Alfred Underwood, Jr. Revocable Trust
5995 North Bayshore Drive
$11,850,000
$2,803/SF
Building Size
4,227 SF
Asset Type
Single Family
Closing
Jun 12, 2026
About this deal
AI
The transaction involved a 4,227-square-foot single-family home located at 5995 North Bayshore Drive in Miami. The sale price for the property was $11,850,000, resulting in a price per square foot of approximately $2,803.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,850,000
- Address: 5995 North Bayshore Drive
- Market: Miami
- Square Footage: 4,227
- Price Per Square Foot: $2,803
- Buyer: G Family Residence Trust
- Seller: The Alfred Underwood, Jr. Revocable Trust - Alfred H. Underwood Jr. as Trustee
The G Family Residence Trust acquired the property from The Alfred Underwood, Jr. Revocable Trust, with Alfred H. Underwood Jr. serving as the trustee in this transaction.
On the Map
$11,850,000
$2,803/SF
Single Family
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Players
Miami 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
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93