Compass Acquires SFR In Miami Beach For $5.7M With Shelly Northern Representing Buyers
1450 Stillwater Drive, Miami Beach, FL 33141
$5,700,000
$1,306/SF
Building Size
4,362 SF
Asset Type
Single Family Residence
Closing
Dec 15, 2021
AI
1450 Stillwater Dr in Miami Beach was recently sold for $5,700,000. This single-family home spans 4,362 square feet, resulting in a price per square foot of $1,307.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,700,000
- Address: 1450 Stillwater Dr, Miami Beach
- Market: Miami Beach
Shelly Northern from Compass represented the lucky buyers in this off-market deal. Meanwhile, Danny Hertzberg and Hillary Hertzberg, from Jills Zeder Group - Coldwell Banker Realty, acted as the sellers' representatives.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93