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
$2,200,000
Building Size
—
Asset Type
Land
Closing
Mar 11, 2024
About this deal
AI
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.
Players
North Miami Beach Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93