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Jeffrey Rose & Randy Rose Of Rose And Rose Rlty, P.A Sell North Miami Beach Land For $2.2M As Seller's Rep
SOLD
$2,200,000
Florida
See Similar DealsLand
Sold 03/11/2024
SOLD
Jeffrey Rose & Randy Rose Of Rose And Rose Rlty, P.A Sell North Miami Beach Land For $2.2M As Seller's Rep
3424 Northeast 167th Street
See Similar DealsLand
Sold 03/11/2024
Summary
FLORIDA
Asset Type:Land
Transaction Type:Sale
3424 Northeast 167th Street in North Miami Beach was sold for $2,200,000. The property is a Land with a lot size of 9,200 square feet, resulting in a price per square foot of $239.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,200,000
- Address: 3424 Northeast 167th Street
- Market: North Miami Beach
- Lot Size: 9,200 SF
- Price Per Square Foot: $239
The sale transaction involved Hector Rivera from American Dream Investment RealtyInc representing the buyer, and Jeffrey Rose and Randy Rose from Rose And Rose Rlty, P.A representing the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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