Updated Sep 9, 2024
The Keyes Company Acquires SFR In Miami For $5.3M With Buyer's Rep Maria Carillo
1840 S Miami Ave.,
$5,300,000
$1,033/SF
Building Size
5,128 SF
Asset Type
Single Family Residence
Closing
Jul 12, 2022
About this deal
AI
The recently closed residential property transaction in Miami involved a single-family home located at 1840 S Miami Ave. This property boasts a total square footage of 5,128. The transaction was completed at a price of $5,300,000, resulting in a price per square foot of $1,034. The property is situated in the thriving Miami market.
Summary of transaction details
- Property Type: Single-family home
- Transaction Amount: $5,300,000
- Square Footage: 5,128
- Address: 1840 S Miami Ave
- Market: Miami
Maria Carillo, from The Keyes Company, represented the buyer in this transaction. On the other side, Maura Padron, from The Grand Lion Real Estate Group, served as the seller's representative. The involvement of these professionals ensured a smooth and successful transaction for both parties involved.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $5.3M for 5,128 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93