Updated Dec 19, 2023
Alexander Reus Acquires Miami Shores SFR For $5.5M With Buyer's Rep Christopher Wands & Seller's Rep Florian Jouian
1300 Northeast 94th Street, Miami Shores, FL 33138
$5,475,000
$782/SF
Building Size
7,001 SF
Asset Type
Single Family Residence
Closing
Sep 15, 2021
About this deal
AI
A single-family residential property located at 1300 NE 94th Street in Miami Shores has been sold. The transaction took place on September 15, 2021. The property, spanning 7,001 square feet, was sold for a price of $5,475,000. The buyer of the property is Alexander Reus, while the seller is Andrew Zobler.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $5,475,000
- Address: 1300 NE 94th Street, Miami Shores
- Market: Miami Shores
Christopher Wands from Douglas Elliman represented the buyer, Alexander Reus, in this transaction. Florian Jouian from One Sotheby's International Realty acted as the seller's representative on behalf of Andrew Zobler.
The property was initially listed for sale at an asking price of $5,750,000. The sale price achieved was $5,475,000. With a size of 7,001 square feet, the price per square foot (PPSF) is calculated to be $782.
On the Map
$5,475,000
$782/SF
Single Family Residence
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Players
Miami Shores Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $782 per square foot on a published $5.5M for 7,001 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.90%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93