BRG International Brokers Facilitate $18M Sale Of Bay Harbor Islands Single Family
9530 West Broadview Drive
$18,000,000
$2,105/SF
Building Size
8,548 SF
Asset Type
Single Family
Closing
Apr 1, 2024
AI
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:
- Property Type: Single Family
- Transaction Amount: $18,000,000
- Address: 9530 West Broadview Drive
- Market: Bay Harbor Islands
- Square Footage: 8,548
- Price per Square Foot: $2,106
- Buyer's Rep: Matias Alem & Sergio Balinotti - BRG International
- Seller's Rep: Daniel Hertzberg & Jill Hertzberg - Coldwell Banker
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
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93