Updated Sep 9, 2024
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
About this deal
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.
The single family residence sale at 5850 Sw 85 St in Florida sold for $1.3M in 2023. The building is 2,367 square feet, implying about 551 per square foot on the published price. Alec Macias, Evan Goldman, Sea Grove Realty, Re/Max appear on the sale alongside Sea Grove Realty, Re/Max. This page is the Florida file for the 5850 Sw 85 St single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Florida sit in the Market section below. Filter that local single family residence set by closing date to see what else sold near 5850 Sw 85 St around 2023. Published consideration for 5850 Sw 85 St is $1.3M, dated 2023. Cite this Remax & Sea Grove Realty Sell South Miami SFR For $1.3M sale when underwriting similar single family residence product around Florida.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Alec Macias 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
12.15%
Cash-on-Cash
-3.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93