Remax & Sea Grove Realty Sell South Miami SFR For $1.3M
5850 Sw 85 St
$1,306,000
$551/SF
Building Size
2,367 SF
Asset Type
Single Family Residence
Closing
Feb 15, 2023
AI
A single-family home located at 5850 SW 85 St in South Miami has been sold for a price of $1,306,000. The property features 2,367 square feet of space, resulting in a price per square foot of $552.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,306,000
- Address: 5850 SW 85 St
- Market: South Miami
The sale of this property was facilitated by two brokers: Evan Goldman from Remax and Alec Macias from Sea Grove Realty.
Players
Market 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
12.15%
Cash-on-Cash
-3.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93