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1349 North Biscayne Point R...

Carlos Delatorre & Benedetta Amadi Acquire SFR In Miami Beach For $5.4M
SOLDSingle Family Residence

Carlos Delatorre & Benedetta Amadi Acquire SFR In Miami Beach For $5.4M

1349 North Biscayne Point Road, Miami Beach, Florida 33141, United States

$5,400,000

$2,273/SF

Building Size

2,375 SF

Asset Type

Single Family Residence

Closing

Jun 14, 2022

AI

Located in Miami Beach, the recently sold single-family home at 1349 N Biscayne Point Rd offers a total living area of approximately 2,375 square feet. The property was sold on June 15, 2022, for a total price of $5,400,000, resulting in a price per square foot of $2,274. The transaction was handled by Compass, with Liz Hogan representing the buyer Carlos Delatorre and Benedetta Amadi, and Nancy Batchelor and Juan Salas representing the seller James Hendrickson.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $5,400,000
  • Address: 1349 N Biscayne Point Rd, Miami Beach
  • Square Footage: 2,375
  • Buyer: Carlos Delatorre & Benedetta Amadi
  • Seller: James Hendrickson
  • Buyer's Rep: Liz Hogan - Compass
  • Seller's Rep: Nancy Batchelor & Juan Salas - Compass

The deal was successfully closed with the assistance of Liz Hogan from Compass representing the buyer and Nancy Batchelor and Juan Salas, also from Compass, representing the seller. The transaction highlights the seamless collaboration between these key individuals and companies in the real estate industry.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

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

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93