Ingrid Andres Of Exclusively Yours Realty Represents Buyer In Miami Multifamily Sale For $4.65M
7805 Northeast Bayshore Court
$4,650,000
$672/SF
Building Size
6,912 SF
Asset Type
MultiFamily
Closing
Sep 28, 2025
AI
This multifamily asset located at 7805 Northeast Bayshore Court in the Miami market was sold for $4,650,000. With a total of 9 units, the property spans 6,912 square feet, resulting in a price per unit of $516,666 and a price per square foot of $672.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,650,000
- Units: 9
- Square Feet: 6,912
- Price per Unit: $516,666
- Price per Square Foot: $672
- Buyer's Representative: Ingrid Andres - Exclusively Yours Realty
Ingrid Andres represented the buyer in this transaction, highlighting the property's potential with a buildable square footage of 30,605. This note underscores the unique opportunity presented by this bayfront property.
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93