Luxury SFR In Keystone Islands Miami Sells For $7.45M
2080 South Hibiscus Drive, North Miami, FL, USA
$7,450,000
$993/SF
Building Size
7,497 SF
Asset Type
Single Family Residence
Closing
Jun 16, 2020
AI
Located in the Keystone Islands neighborhood of Miami, this single-family home at 2080 S Hibiscus Drive recently changed hands in a closed transaction. The property, with a total area of 7,497 square feet, boasts a spacious interior and is situated on a lot spanning 10,848 square feet. The sale price for this SFR property was recorded at $7,450,000, resulting in a price per square foot of $994.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,450,000
- Square Feet: 7,497
- Price per Square Foot: $994
- Address: 2080 S Hibiscus Drive
- Market: Keystone Islands, Miami
The deal was facilitated by Luxe Living Realty, represented by Dora Puig, Tj Estavillo, and Amorette Robertson. These brokers played a crucial role in connecting the buyer and seller, ensuring the smooth completion of the transaction.
Players
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
2.13%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93