Updated Sep 9, 2024
Sean M Hanley Acquires SFR In Miami Beach For $1.55M
1548 Biarritz Drive
$1,550,000
$627/SF
Building Size
2,472 SF
Asset Type
Single Family Residence
Closing
Apr 1, 2023
About this deal
AI
The property involved in this transaction is a single-family home located at 1548 Biarritz Dr in Miami Beach. The property has a total square footage of 2,472 and was sold at a price of $1,550,000, resulting in a price per square foot of $627. The transaction took place on January 4, 2023.
Summary of transaction details:
- Property Type: Single Family Home
- Transaction Amount: $1,550,000
- Address: 1548 Biarritz Dr, Miami Beach
- Market: Miami Beach
- Buyer: Sean M Hanley
- Seller: Dipanshu Sharma & Juliann Sharma
- Brokers: Guido Gonzalez & Federico Nimhauser - Hauser Realty
Guido Gonzalez and Federico Nimhauser, from Hauser Realty, represented the buyer and seller in this transaction respectively.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93