Miami Brokers Group Facilitates $6.7M Sale Of SFR In Miami
12350 Southwest 47th Street, Miami, FL, USA
$6,700,000
$465/SF
Building Size
14,395 SF
Asset Type
Single Family Residence
Closing
May 27, 2020
AI
An SFR located at 12350 SW 47 Street in Miami has been sold for $6,700,000. The transaction took place on May 27, 2021. The property spans 14,395 square feet, resulting in a price per square foot of $465. The sale was facilitated by Michael A. Diaz of Miami Brokers Group, who represented the parties involved.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $6,700,000
- Date: 05/27/2021
- Address: 12350 SW 47 Street, Miami
- Market: Miami
Michael A. Diaz, a broker from Miami Brokers Group, played a pivotal role in overseeing the sale. He represented the parties involved to facilitate the transaction smoothly.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93