Updated Oct 25, 2024
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
About this deal
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.
On the Map
$6,500,000
$915/SF
Single Family Residence
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Players
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93