Ingrid Andres Of Exclusively Yours Realty Represents Buyer In Miami Multifamily Sale For $4.65M
SOLD
$4,650,000
Florida
See Similar DealsMultiFamily6,912 SF
Sold 09/29/2025
SOLD
Ingrid Andres Of Exclusively Yours Realty Represents Buyer In Miami Multifamily Sale For $4.65M
7805 Northeast Bayshore Court
See Similar DealsMultiFamily6,912 SF
Sold 09/29/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$672
Total Square Footage:6,912 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$247,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,520.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,043.37
Annual Debt Service$264,520.47
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