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2050 South Hibiscus Drive, ...

Fabio Visconti, Rising Global Realty, Acquires SFR In Keystone Estates, North Miami For $4.8M
SOLDSingle Family Residence

Fabio Visconti, Rising Global Realty, Acquires SFR In Keystone Estates, North Miami For $4.8M

2050 South Hibiscus Drive, North Miami, Florida 33181, United States

$4,824,000

$1,035/SF

Building Size

4,658 SF

Asset Type

Single Family Residence

Closing

Sep 6, 2022

AI

A single-family home located at 2050 S Hibiscus Dr in Keystone Estates, North Miami, has been sold for a price of $4,824,000. The property spans 4,658 square feet, resulting in a price per square foot of $1,036. The transaction took place on September 7, 2022.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $4,824,000
  • Address: 2050 S Hibiscus Dr
  • Market: Keystone Estates, North Miami
  • Buyer's Representative: Fabio Visconti - Rising Global Realty
  • Seller's Representative: Patrick Vysata - Luxe Living Miami

Fabio Visconti from Rising Global Realty represented the buyer in this transaction, while Patrick Vysata from Luxe Living Miami acted as the seller's representative. The deal was finalized on September 7, 2022.

Players

Patrick Vysata

Fortune Christie's International Real Estate

Broker

$34.1M

vol

4 deals

Broker

North Miami 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

3.29%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93