Douglas Elliman Acquires SFR In Ponce Davis, Miami For $6.9M
4831 Southwest 82nd Street, Miami, Florida 33143, United States
$6,875,000
$891/SF
Building Size
7,714 SF
Asset Type
Single Family Residence
Closing
May 11, 2022
AI
A single-family residence (SFR) located at 4831 SW 82nd St in the Ponce Davis neighborhood of Miami has been sold. The property spans across 7,714 square feet and was initially listed for $7,800,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,875,000
- Address: 4831 SW 82nd St
- Market: Ponce Davis, Miami
- Buyer's Representative: Jennifer Goldstein - Alexander Team - Douglas Elliman
- Seller's Representative: Consuelo Stewart - Shelton and Stewart Realtors
- Square Footage: 7,714
- Price per Square Foot: $891
The transaction took place on May 12, 2022, with Jennifer Goldstein from Alexander Team at Douglas Elliman representing the buyer and Consuelo Stewart from Shelton and Stewart Realtors representing the seller. The property was sold for $6,875,000, below the initial asking price of $7,800,000. This transaction represents a price-per-square-foot (PPSF) value of $891.
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
2.31%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93