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2371 Bayview Lane, North Mi...

Matthew Mugo S. Fields & Antoinette Campbell Acquire SFR In North Miami For $4.3M
SOLDSingle Family Residence

Matthew Mugo S. Fields & Antoinette Campbell Acquire SFR In North Miami For $4.3M

2371 Bayview Lane, North Miami, Florida 33181, United States

$4,300,000

$1,429/SF

Building Size

3,009 SF

Asset Type

Single Family Residence

Closing

Jun 16, 2022

AI

The recently closed property transaction in North Miami involved the sale of a single-family residence (SFR) located at 2371 Bayview Ln. The transaction took place on June 17, 2022.

Summary of transaction details

  • Property Type: SFR
  • Sale Price: $4,300,000
  • Square Footage: 3,009
  • Price per Square Foot: $1,429
  • Address: 2371 Bayview Ln, North Miami

The property was sold for a record-breaking price per square foot of $1,429, which is significantly higher than the average in the area. The buyers of the property were Matthew Mugo S. Fields and Antoinette Campbell. They were represented by Julian Reynolds. On the other hand, the sellers were James and Alex Bergman, who belonged to JCJ Holdings. Oliver Lloyd, from Douglas Elliman, served as the seller's representative in the deal.

This successful transaction demonstrates the high demand and value of properties in North Miami's real estate market. The record-breaking sale price per square foot highlights the desirability and quality of the property at 2371 Bayview Ln.

Players

Oliver Lloyd

Douglas Elliman

Broker

$202.1M

vol

13 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

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93