Updated Oct 8, 2025
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
About this deal
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
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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