Updated Sep 21, 2026
Purchases Single Family Home At 1120 Northeast 86th Street For $1.8M
1120 Northeast 86th Street
$1,800,000
$902/SF
Building Size
1,994 SF
Asset Type
Single Family Residence
Closing
Jan 13, 2026
About this deal
AI
The property involved in this transaction is a single-family home located at 1120 Northeast 86th Street in the Miami market. It has a sale price of $1,800,000 and a total square footage of 1,994, which equates to a price per square foot of $902.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,800,000
- Address: 1120 Northeast 86th Street
- Market: Miami
- Square Footage: 1,994
- Price per Square Foot: $902
- Seller: Sacha Touret
- Buyer's Representative: Christopher Borchetta - Luxe Properties
- Seller's Representative: Shane Frankovic - ONE Sotheby’s International Realty
This transaction highlights the effectiveness of the strategies employed by the representatives involved. Shane Frankovic from ONE Sotheby’s International Realty guided the property’s launch and ensured a smooth closing. The residence had been fully renovated and professionally staged, aiding the visualization of its lifestyle and value for prospective buyers. Targeted outreach efforts contributed to the strong demand for move-in-ready homes in the area.
On the Map
$1,800,000
$902/SF
Single Family Residence
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Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93