Alfons Foschiatti Acquires SFR In Normandy Isles For $3.7M With Buyer's Rep Aminata Toure - EXP Realty
1311 Bay Drive, Miami Beach, Florida 33141, United States
$3,700,000
$1,203/SF
Building Size
3,074 SF
Asset Type
Single Family Residence
Closing
Jul 31, 2022
AI
A single-family residential property located at 1311 Bay Dr in Normandy Isles was recently sold for a sale price of $3,700,000. The property has a total area of 3,074 square feet and a price per square foot of $1,204. The transaction took place on August 1, 2022.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $3,700,000
- Address: 1311 Bay Dr
- Market: Normandy Isles
The buyer of the property is Alfons Foschiatti, and the buyer's representative in the deal is Aminata Toure from EXP Realty. On the other hand, the seller was represented by Jon Kotler from Keller Williams Elite Properties.
Players
Miami Beach 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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93