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3120 Northeast 165th Street...

Andrew & Silvia Stern Sell SFR In North Miami Beach For $3.4M With Daniel Alvarez & Alexander Goldstein
SOLDSingle Family Residence

Andrew & Silvia Stern Sell SFR In North Miami Beach For $3.4M With Daniel Alvarez & Alexander Goldstein

3120 Northeast 165th Street, North Miami Beach, FL, USA

$3,400,000

$220/SF

Building Size

15,398 SF

Asset Type

Single Family Residence

Closing

Jan 24, 2021

AI

The property involved in this transaction is a single-family residence located at 3120 NE 165th St in North Miami Beach. The sale took place on January 25, 2021. The property spans 15,398 square feet and has an asking price of $3,700,000. The sale price was negotiated to $3,400,000, resulting in a price per square foot of $221.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,400,000
  • Address: 3120 NE 165th St
  • Market: North Miami Beach

The sellers of the property are Andrew and Silvia Stern. The buyer's representative in the deal was Alexander Goldstein from IlesGoldstein_RealEstate. Daniel Alvarez, also from IlesGoldstein_RealEstate, served as the seller's representative.

Players

Alexander Goldstein

Miles Goldstein Real Estate

Broker

$281.6M

vol

26 deals

Broker

North Miami Beach 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

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93