J.P. Morgan Wealth Management Acquires Miami Beach Single Family For $6.5M

Located in Miami Beach, the single-family property at 5061 North Bay Road has been sold in a recent transaction. The property spans over an area of 5,929 square feet and was sold at a price of $6,499,000, resulting in a price per square foot of $1,096. The transaction took place on April 26, 2021.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $6,499,000
• Buyer: Andrea Reiser; David Reiser - J.P. Morgan Wealth Management
• Seller: Rafi & Hadas Gibly
• Brokers: Jonathan Mann & Daniel Hertzberg - Coldwell Banker Realty

The buyer of the property is Andrea Reiser, along with David Reiser, who is associated with J.P. Morgan Wealth Management. The seller of the property is Rafi and Hadas Gibly. Coldwell Banker Realty represented both parties in this transaction, with Jonathan Mann and Daniel Hertzberg acting as the brokers.