Updated Oct 28, 2024
Charles Hemphill Acquires Single Family Home In North Miami Beach For $4.65M
3300 NE 165th St, North Miami Beach, Florida, USA
$4,650,000
$597/SF
Building Size
7,787 SF
Asset Type
Single Family Residence
Closing
Nov 23, 2021
About this deal
AI
The single-family property located at 3300 NE 165th St in North Miami Beach, FL was recently sold in a transaction on 11/24/2021. The property spans a total of 7,787 square feet and was sold at a price of $4,650,000, resulting in a price per square foot of $597.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,650,000
- Square Footage: 7,787 sqft
- Address: 3300 NE 165th St, North Miami Beach, FL
- Market: North Miami Beach, FL
Charles Hemphill served as the buyer in this transaction, while Gabriel Benhayon Lanes acted as the seller. The deal represents a significant investment opportunity in the North Miami Beach area.
Players
North Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $597 per square foot on a published $4.7M for 7,787 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93