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400 Northeast 163rd Street

ONE Sotheby’s International Realty Brokers Acquired Residential Apt / Condo / SFR At 400 Sunny Isles Blvd In Sunny Isles Beach For $2.4M
SOLDSingle Family Residence

ONE Sotheby’s International Realty Brokers Acquired Residential Apt / Condo / SFR At 400 Sunny Isles Blvd In Sunny Isles Beach For $2.4M

400 Northeast 163rd Street

$2,400,000

$777/SF

Building Size

3,088 SF

Asset Type

Single Family Residence

Closing

Sep 23, 2022

AI

The residential apartment located at 400 Sunny Isles Blvd in Sunny Isles Beach has been sold for a total price of $2,400,000. The property spans over 3,088 square feet, with a price per square foot of $777.

Summary of transaction details

  • Property Type: Residential Apartment
  • Transaction Amount: $2,400,000
  • Address: 400 Sunny Isles Blvd, Sunny Isles Beach
  • Square Footage: 3,088
  • Price Per Square Foot: $777

The sale was handled by Ani Sanchez and Yedri Villafane from The AMS Team at ONE Sotheby's International Realty. They represented the buyer and seller in this transaction.

Players

Ani Sanchez

Sotheby's International Realty

Broker

$21M

vol

6 deals

Broker

Sunny Isles Beach 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

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93