Sean M Hanley Acquires SFR In Miami Beach For $1.55M
SOLD
$1,550,000
Florida
See Similar DealsSingle Family Residence2,472 SF
Sold 04/01/2023
SOLD
Sean M Hanley Acquires SFR In Miami Beach For $1.55M
1548 Biarritz Drive
See Similar DealsSingle Family Residence2,472 SF
Sold 04/01/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$627
Total Square Footage:2,472 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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