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12940 North Bayshore Drive

Luxe Properties Acquires SFR In North Miami For $4.35M With Brokers Jessica Wolf & Vincent Diaz
SOLDSingle Family Residence

Luxe Properties Acquires SFR In North Miami For $4.35M With Brokers Jessica Wolf & Vincent Diaz

12940 North Bayshore Drive

$4,350,000

$828/SF

Building Size

5,249 SF

Asset Type

Single Family Residence

Closing

Jun 28, 2023

AI

A Single Family Home located at 12940 North Bayshore Drive in North Miami has been sold for a price of $4,350,000. The property spans across 5,249 square feet, resulting in a price per square foot of $829.

Summary of transaction details

  • Property Type: Single Family Home
  • Transaction Amount: $4,350,000
  • Square Footage: 5,249
  • Price per Square Foot: $829
  • Address: 12940 North Bayshore Drive, North Miami
  • Market: North Miami

Jessica Wolf and Vincent Diaz, representing Luxe Properties, were the brokers involved in the transaction.

Players

Jessica Wolf

Luxe Properties

Broker

$10.4M

vol

3 deals

Broker

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

3.65%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93