Updated Oct 29, 2024
Prestige Realty Group Represents Buyer In $3.8M SFR Sale In Homestead
25900 SW 167th Ave Homestead, FL 33031, USA
$3,800,000
$1,576/SF
Building Size
2,410 SF
Asset Type
Single Family Residence
Closing
May 17, 2023
About this deal
AI
The recently closed property transaction in Homestead involves a single-family home located at 25900 Southwest 167th Avenue. The property was sold for a total price of $3,800,000. With a total area of 2,410 square feet, the price per square foot comes to $1,577. This sale was handled by Omar Bonnin from Prestige Realty Group, who represented the buyer in this transaction.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,800,000
- Address: 25900 Southwest 167th Avenue
- Market: Homestead
- Buyer's Rep: Omar Bonnin - Prestige Realty Group
This deal showcases the successful collaboration between the buyer and Omar Bonnin from Prestige Realty Group. With their expertise and negotiating skills, they were able to secure this property in Homestead for the buyer. The transaction highlights the demand for single-family homes in the area and the value placed on this particular property.
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