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3322 Ne 166 St

Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M With Buyer's Rep Juan Suarez - Luxe Properties
SOLD

Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M With Buyer's Rep Juan Suarez - Luxe Properties

3322 Ne 166 St

Building Size

Asset Type

Closing

Sep 15, 2022

AI

A single-family residence located at 3322 NE 166 St in North Miami Beach has been sold for a total price of $4,900,000. The property spans across 3,644 square feet, with a price per square foot of $1,345.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,900,000
  • Property Address: 3322 NE 166 St, North Miami Beach
  • Market: North Miami Beach

The buyer of the property is Jose R Figueroa, while the sellers are Carlos Hermo and Claudia Marcela Hermo. The buyer was represented by Juan Suarez from Luxe Properties.

Players

Jose R Figueroa

Buyer

$4.9M

vol

2 deals

Buyer

North Miami Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93