Updated Dec 21, 2023
London Foster Realty Acquires SFR In Miami For $6.4M
4800 Pine Dr, Miami, FL 33143, USA
$6,400,000
$730/SF
Building Size
8,756 SF
Asset Type
Single Family Residence
Closing
Sep 7, 2020
About this deal
AI
Located in Miami, the property at 4800 Pine Drive has been sold for $6,400,000. This single-family residential (SFR) asset spans 8,756 square feet, with a price per square foot of $615.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,400,000
- Square Footage: 8,756
- Price Per Square Foot: $615
- Address: 4800 Pine Drive
- Market: Miami
The buyer, represented by Jorge Salazar from London Foster Realty, successfully acquired the property. The seller, on the other hand, was represented by Angel Nicolas from Compass Florida, LLC.
Players
Miami Single Family Residence Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93