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2052 Northeast 121st Road, ...

Jose Moran Acquires SFR In North Miami From Claudia & Lucia Marinho For $3.8M
SOLDSingle Family Residence

Jose Moran Acquires SFR In North Miami From Claudia & Lucia Marinho For $3.8M

2052 Northeast 121st Road, North Miami, Florida 33181, United States

$3,800,000

$405/SF

Building Size

9,375 SF

Asset Type

Single Family Residence

Closing

Mar 17, 2022

AI

Located in North Miami, this single-family home at 2052 NE 121st Rd was recently sold for $3,800,000. The property spans 9,375 square feet, resulting in a price per square foot of $405. The sale took place on March 18, 2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,800,000
  • Market: North Miami
  • Square Footage: 9,375 SF

The buyer of the property was Jose Moran, while the sellers were Claudia & Lucia Marinho. The deal was facilitated by Richard Feldman of Miami Waterfront Realty, Martha Arevalo & Julian Gold of One Sotheby’s Int’l Realty. The closing attorney involved in the transaction was Ricky Guerrero, Esq. of Affiliated Closings.

Players

Richard Feldman

Miami Waterfront Realty

Broker

$16.6M

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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93