Samuel Bissu Sells Bay Harbor Islands Single Family Home For $14.25M
9501 East Broadview Drive
$14,250,000
$2,304/SF
Building Size
6,185 SF
Asset Type
Single Family
Closing
May 10, 2024
AI
The property at 9501 East Broadview Drive in Bay Harbor Islands, a single-family home, was sold for $14,250,000. Spanning 6,185 square feet, the newly constructed waterfront residence boasts a price per square foot of $2,304. Developed by Luxom, the home was designed by architect Simón Bissu of SBB ARQUITECTURA, with interior design by Margaret Bissu.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,250,000
- Market: Bay Harbor Islands
- Seller: Samuel Bissu
- Seller's Rep: Oren Alexander & Isaac Lustgarten - Official
- Buyer's Rep: Chad Carroll - Compass
Isaac Lustgarten and Oren Alexander served as the seller's representatives in the transaction, while Chad Carroll from Compass represented the buyer. The sale of this waterfront home sets a new record for the highest sale price on the east side of Bay Harbor Islands. The property was meticulously crafted with a vision from renowned professionals, making it a sought-after acquisition in the local real estate market.
Players
Bay Harbor Islands 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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93