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531 NE 52nd St, Miami, FL 3...

Limestone Asset Management Sells SFR In Miami To Compass For $5.5M
SOLDSingle Family Residence

Limestone Asset Management Sells SFR In Miami To Compass For $5.5M

531 NE 52nd St, Miami, FL 33137

$5,500,000

$1,227/SF

Building Size

4,480 SF

Asset Type

Single Family Residence

Closing

Sep 7, 2023

AI

A single-family residential property located at 531 NE 52 Street in Miami has been sold. The property, spanning 4,480 square feet, was sold for a price of $5,500,000. The transaction was facilitated by Limestone Asset Management, the seller, and the buyer was represented by Anna Gold from Compass.

Summary of Transaction Details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $5,500,000
  • Address: 531 NE 52 Street, Miami
  • Market: Miami
  • Square Footage: 4,480
  • Seller: Limestone Asset Management
  • Buyer's Representative: Anna Gold - Compass
  • Seller's Representatives: Brandon Brugal and Uccio Zecchini - BZG International

Brandon Brugal and Uccio Zecchini from BZG International played a crucial role as the seller's representatives in this transaction. The property, with a price per square foot of $1,228, offers a unique opportunity for the buyer to own a single-family residence in Miami's real estate market.

Players

Brandon Brugal

BZG International

Broker

$47.3M

vol

17 deals

Broker
Limestone Asset Management
Limestone Asset ManagementSeller

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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93