Updated Sep 5, 2024
305 Degrees Realty Acquires SFR On North Bay Road For $2.75M
5725 North Bay Road, Miami Beach, Florida 33140, United States
$2,750,000
$747/SF
Building Size
3,679 SF
Asset Type
Single Family Residence
Closing
Mar 23, 2022
About this deal
AI
An SFR located at 5725 N Bay Rd in North Bay Road, Miami Beach has been sold for $2,750,000. The property spans 3,679 square feet, resulting in a price per square foot of $747. The transaction took place on March 24, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,750,000
- Address: 5725 N Bay Rd, Miami Beach
- Market: North Bay Road
The buyer's representative in this sale was Evan Weiss from 305 Degrees Realty, while the seller's representative was Luciana Barreto from Compass.
On the Map
$2,750,000
$747/SF
Single Family Residence
View full map
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Evan Weiss to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93