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3829 Stewart Avenue, Miami,...

Angel Nicolas - Compass Acquires SFR On Stewart Ave In Miami For $6.5M
SOLDSingle Family Residence

Angel Nicolas - Compass Acquires SFR On Stewart Ave In Miami For $6.5M

3829 Stewart Avenue, Miami, FL, USA

$6,500,000

$915/SF

Building Size

7,103 SF

Asset Type

Single Family Residence

Closing

Jan 26, 2021

AI

Located at 3829 Stewart Ave in Miami, this single-family residential property was recently sold. The sale was facilitated by Jessica Adams of Sotheby's International Realty, representing the seller, and Angel Nicolas of Compass, representing the buyer. The property was listed with an asking price of $6,995,000 and was ultimately sold for $6,500,000. The total square footage of the property is 7,103, resulting in a price per square foot of $915.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,500,000
  • Address: 3829 Stewart Ave
  • Market: Miami

Jessica Adams from Sotheby's International Realty represented the seller, while Angel Nicolas from Compass represented the buyer. The deal was successfully closed on January 27, 2021. This transaction highlights the collaboration between these two brokerage firms in the Miami market.

Players

Angel Nicolas

Serhant

Broker

$158M

vol

18 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93