ONE Sotheby's International Realty & The Brokerage South Florida Real Estate Broker Record $11.5M Sale Of SFR In Miami
1400 Biscaya dr Surfside 33145
$11,500,000
$2,898/SF
Building Size
3,967 SF
Asset Type
Co-Op
Closing
Oct 6, 2022
About this deal
AI
The property involved in this closed transaction is a single-family home located at 1400 Biscaya Drive in Miami. The property has a total square footage of 3,967. The sale price for this property was $11,500,000, resulting in a price per square foot of $2,899.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,500,000
- Address: 1400 Biscaya Drive
- Market: Miami
The buyer was represented by Vanessa Frank and Harai Brin from ONE Sotheby's International Realty, while the seller was represented by Joel Lusky and Zalmy Shapiro from The Brokerage South Florida Real Estate.
Players
Surfside Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93