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650 NE 32 St

Matilda Del Peon Acquires SFR In Miami For $3.45M With Buyer's Rep Benjamin Wright - Franklin Realty
SOLDCondo

Matilda Del Peon Acquires SFR In Miami For $3.45M With Buyer's Rep Benjamin Wright - Franklin Realty

650 NE 32 St

$3,450,000

$2,096/SF

Building Size

1,646 SF

Asset Type

Condo

Closing

Mar 1, 2023

AI

A single-family residential property located at 650 NE 32 St BH1 in Miami has been sold. The property spans 3,441 square feet and was sold for a price of $3,450,000. The price per square foot for this transaction is $1,003.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,450,000
  • Square Footage: 3,441
  • Price per Square Foot: $1,003
  • Market: Miami

The buyer for this property is Matilda Del Peon. The buyer was represented by Benjamin Wright from Franklin Realty.

Players

Benjamin Wright

Compass

Broker

$4.6M

vol

2 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93