Paul Vickers Acquires SFR In Davis Harbor, Miami Shores For $2.75M
1250 Northeast 87th Street, Miami, Florida 33138, United States
$2,750,000
$756/SF
Building Size
3,637 SF
Asset Type
Single Family Residence
Closing
Feb 24, 2022
AI
A single-family home located at 1250 NE 87th St in Davis Harbor, Miami Shores, has been sold.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,750,000
- Square Footage: 3,637
- Price Per Square Foot ($PPSF): $756
- Address: 1250 NE 87th St, Davis Harbor, Miami Shores
- Market: Davis Harbor, Miami Shores
The buyer of the property is Paul Vickers, and the seller is Josette Stamey.
Paul Vickers was represented by Frank Lustig from Keyes Company, while Josette Stamey was represented by David Pulley from Douglas Elliman.
No additional details were provided regarding the transaction.
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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93