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Jamel Giuma And Alfie Breitenstein Acquire SFR In Miami Shores For $1.65M

Property Image
SOLD
$1,650,000

Florida

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Single Family Residence2,582 SF
Sold 02/04/2022
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Property Image
SOLD

Jamel Giuma And Alfie Breitenstein Acquire SFR In Miami Shores For $1.65M

1361 Northeast 103rd Street, Miami Shores, Florida 33138, United States

See Similar Deals
Single Family Residence2,582 SF
Sold 02/04/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$639
Total Square Footage:2,582 SF
Transaction Type:Sale

A single-family home located at 1361 NE 103rd St in Miami Shores has been sold for $1,650,000. The property spans across 2,582 square feet with a price per square foot of $639. This transaction took place on February 4, 2022. The buyers of the property are Jamel Giuma and Alfie Breitenstein, while the sellers are Martha Lifestyle Production represented by Marta Cecilia Rodriguez. Melissa Breda from One Sotheby's International Realty and Vanessa Maggi from Ira Properties, LLC acted as the brokers in this deal.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,650,000
  • Address: 1361 NE 103rd St, Miami Shores
  • Market: Miami Shores

Melissa Breda from One Sotheby's International Realty and Vanessa Maggi from Ira Properties, LLC played important roles as the brokers in facilitating this transaction. Their expertise and knowledge in the Miami Shores market contributed to the successful sale of this property. Jamel Giuma and Alfie Breitenstein are the proud new owners of this home, while Martha Lifestyle Production, represented by Marta Cecilia Rodriguez, has completed the sale.

Players

Melissa Breda
3 deals$10.1M volume
BROKER

Vanessa Maggi
Maggi Realty Group
2 deals$2.8M volume
BROKER

Details

SOLD
IMAGE: Melissa Breda & Vanessa Maggi DATE: 02/04/2022 ADDRESS: 1361 NE 103rd st MARKET: Miami Shores ASSET TYPE: SFR BUYER: Jamel Giuma and Alfie Breitenstein SELLER: Martha Lifestyle Production - Marta Cecilia Rodriguez BROKERS: Melissa Breda - One Sotheby's International Realty; Vanessa Maggi - Ira Properties, LLC SALE PRICE: $1,650,000 SF: 2,582 ~ PPSF: $639

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10