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13195 Biscayne Island Terra...

Michael Colletto Acquires North Miami SFR For $3.3M With Buyer's Rep Priscilla Haisley
SOLDSingle Family Residence

Michael Colletto Acquires North Miami SFR For $3.3M With Buyer's Rep Priscilla Haisley

13195 Biscayne Island Terrace, North Miami, Florida 33181, United States

$3,300,000

$1,022/SF

Building Size

3,228 SF

Asset Type

Single Family Residence

Closing

Apr 6, 2022

AI

Located in North Miami, this single-family home was recently sold at 13195 Biscayne Island Terrace. The property spans approximately 3,228 square feet and was sold for $3,300,000, resulting in a price per square foot of $1,022. The transaction took place on April 7, 2022. The buyer of the property was Michael Colletto, while the seller was Vilma Vilarino. Priscilla Haisley from Luxe Properties represented the buyer on this deal.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,300,000
  • Date: 04/07/2022
  • Address: 13195 Biscayne Island Terrace
  • Market: North Miami

Priscilla Haisley from Luxe Properties played a key role in facilitating the transaction as the buyer's representative. It's worth noting that the property was sold at a remarkable price per square foot, reflecting its desirability in the market.

Players

Priscilla Haisley

Luxe Properties

Broker

$22.5M

vol

5 deals

Broker

North 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93