Matthew & Parastoo Kurland Buy Single Family Home In Miami Shores Sold By Santiago Herrera For $2.55M
273 Northeast 98th Street
$2,550,000
$1,013/SF
Building Size
2,515 SF
Asset Type
Single Family Residence
Closing
Jul 24, 2026
AI
This single-family home located at 273 Northeast 98th Street in Miami Shores was sold for $2,550,000. The property features a total square footage of 2,515 and a price per square foot of $1,013. The sale was completed in a cash transaction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,550,000
- Buyer: Matthew & Parastoo Kurland
- Seller: Santiago Herrera
- Buyer's Representative: Dean Bloch - Douglas Elliman
- Seller's Representative: Blake Burstyn - Compass
- Date of Sale: 07/24/2026
- Market: Miami Shores
The sale of this historic 1924 Miami Shores home was executed swiftly within 48 hours, drawing multiple offers. It represented a significant achievement for the seller, securing over $1,000 per square foot in the final sale price.
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Miami Shores 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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93