Updated Dec 21, 2023
Nelson I. Sweeney Acquires SFR In Miami For $1.2M
10755 SW 87 Ave, Miami, Florida 33176, United States
$1,200,000
$514/SF
Building Size
2,332 SF
Asset Type
Single Family Residence
Closing
Feb 1, 2022
About this deal
AI
Located in Miami, this single-family home on 10755 SW 87 Ave was recently sold for $1,200,000. The property spans 2,332 square feet, resulting in a price per square foot of $515. The transaction took place on February 2, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,200,000
- Address: 10755 SW 87 Ave
- Market: Miami
- Buyer: Nelson I. Sweeney
- Seller: Maria Carlota Gutierrez Cortina
- Buyer's Rep: Lissette Garcia - LUXE Properties
Lissette Garcia from LUXE Properties represented the buyer, Nelson I. Sweeney, in this sale transaction.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $514 per square foot on a published $1.2M for 2,332 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93