Humberto Ramirez Developers Sells SFR In Eastern Shores, North Miami Beach For $5.1M
16421 Northeast 30th Avenue, Eastern Shores, North Miami Beach, FL, USA
$5,100,000
$944/SF
Building Size
5,400 SF
Asset Type
Single Family Residence
Closing
Jul 6, 2020
AI
An SFR located at 16421 NE 30th Ave in Eastern Shores, North Miami Beach was recently sold for a price of $5,100,000. The property spans 5,400 square feet, resulting in a price per square foot of $944.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,100,000
- Address: 16421 NE 30th Ave
- Market: Eastern Shores, North Miami Beach
- Square Footage: 5,400
The seller of this property was Humberto Ramirez Developers. The deal was facilitated by Alexander Goldstein and Alan Eskenazi of Miles Goldstein Real Estate.
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93