Mathew & Natalie Katz Acquire SFR For $2.7M In North Miami Beach
16400 Northeast 29th Avenue, North Miami Beach, FL 33160
$2,700,000
$472/SF
Building Size
5,719 SF
Asset Type
Single Family Residence
Closing
Jun 3, 2020
AI
A single-family residential property located at 16400 NE 29th Ave in North Miami Beach has been sold. The property features 5,719 square feet of living space and is situated in a desirable market. The sale of this property was facilitated by Daniel Alvarez from TheDanielAlvarez_re.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $2,700,000
- Asking Price: $3,100,000
- Square Footage: 5,719
- Price per Square Foot: $472
- Market: North Miami Beach
- Buyer: Mathew & Natalie Katz
- Seller: Rodolfo Gomez
Mathew & Natalie Katz were the buyers in this transaction, while Rodolfo Gomez served as the seller. Daniel Alvarez from TheDanielAlvarez_re represented the parties involved in this deal.
Players
North 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93