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BRG International Brokers Facilitate $18M Sale Of Bay Harbor Islands Single Family

Property Image
SOLD
$18,000,000
Matias Alem
Daniel (Danny) Hertzberg
+ 1

Florida

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Single Family8,548 SF
Sold 04/01/2024
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Property Image
SOLD

BRG International Brokers Facilitate $18M Sale Of Bay Harbor Islands Single Family

9530 West Broadview Drive

See Similar Deals
Single Family8,548 SF
Sold 04/01/2024
Matias Alem
Daniel (Danny) Hertzberg
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,105
Total Square Footage:8,548 SF
Transaction Type:Sale

A single-family property located at 9530 West Broadview Drive in Bay Harbor Islands was sold for $18 million. Spanning 0.3 acres, the property boasts 8,548 square feet of living space, commanding a price per square foot of $2,106.

Summary of transation details:

The deal was facilitated by BRG International, with Matias Alem and Sergio Balinotti representing the buyer, while Coldwell Banker's Daniel Hertzberg and Jill Hertzberg acted as the seller's representatives in the transaction.

Players

Jill Hertzberg
88 deals$2.4B volume
BROKER

Daniel (Danny) Hertzberg
Coldwell Banker
64 deals$1.6B volume
BROKER

Matias Alem
BRG International
33 deals$224.3M volume
BROKER

Sergio Balinotti
BRG International
20 deals$134.7M volume
BROKER

Details

SOLD
IMAGE: Sergio Balinotti, Matias Alem, Daniel Hertzberg & Jill Hertzberg DATE: 04/01/2024 ADDRESS: 9530 West Broadview Drive MARKET: Bay Harbor Islands ASSET TYPE: Single Family BUYER'S REP: Matias Alem (@MatiasAlem BRG) & Sergio Balinotti - BRG International (@BRGIntl) SELLER'S REP: Daniel Hertzberg (@DannyHertzberg) & Jill Hertzberg (@JillHertzberg) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $18,000,000 SF: 8,548 ~ PPSF: $2,106 NOTE FROM SELLER'S REP: A single-family property located at 9530 West Broadview Drive in Bay Harbor Islands was sold for $18 million. Spanning 0.3 acres, the property boasts 8,548 square feet of living space, commanding a price per square foot of $2,106.

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

$960,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20