Updated Dec 21, 2023
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
About this deal
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
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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