Compass Florida And ONE Sotheby's International Realty Facilitate $2.4M Sale Of 3,129 SF SFR On N Shore Dr, Miami Beach
870 N Shore Dr
$2,449,000
Building Size
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Asset Type
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Closing
Aug 18, 2022
AI
Located at 870 N Shore Dr in Miami Beach, this single-family home (SFR) has been sold in a closed transaction. The property spans across 3,129 square feet, offering ample space for comfortable living. The sale price for this property was $2,449,000, resulting in a price per square foot of $783.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,449,000
- Property Size: 3,129 square feet
- Price per Square Foot: $783
- Address: 870 N Shore Dr, Miami Beach
Nancy Batchelor and Juan Salas from Compass Florida, along with Camila Paiva from ONE Sotheby's International Realty, were the brokers involved in this transaction. They represented the seller, Vincent Scorza, throughout the deal.
Players
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
6.48%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93