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16750 NE 35th Ave, North Mi...

Compass Real Estate LLC's Alan Chocron Represents Buyer In $2.925M North Miami Beach SFR Sale
SOLDSingle Family Residence

Compass Real Estate LLC's Alan Chocron Represents Buyer In $2.925M North Miami Beach SFR Sale

16750 NE 35th Ave, North Miami Beach, FL, USA

$2,925,000

$803/SF

Building Size

3,639 SF

Asset Type

Single Family Residence

Closing

Oct 22, 2021

AI

A single-family home located at 16750 NE 35 Ave in North Miami Beach has been sold for a price of $2,925,000. The property covers an area of 3,639 square feet, with a price per square foot of $804. The lot size is 11,925 square feet, translating to a price per lot square foot of $245.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,925,000

Alan Chocron, representing Compass Real Estate LLC, served as the buyer's representative in this transaction. The seller of the property is Tiffany Goldsmith.

Players

Alan Chocron

Compass

Broker

$104.5M

vol

20 deals

Broker

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

5.42%

Cash-on-Cash

-1.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93