Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Miami Beach SFR For $6M
6050 N Bay Rd, Miami Beach, FL 33140, USA
$6,000,000
$163/SF
Building Size
36,780 SF
Asset Type
Single Family Residence
Closing
Jul 20, 2020
About this deal
AI
6050 North Bay Road in Miami Beach has been sold in a recent transaction. This single-family residence (SFR) covers an area of 3,678 square feet. The property was sold for a total price of $6,000,000, resulting in a price per square foot of $1,631. The sale was facilitated by Nelson Gonzalez from BHHS EWM Realty.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,000,000
- Square Footage: 3,678
- Price Per Square Foot: $1,631
- Address: 6050 North Bay Road, Miami Beach
- Market: Miami Beach
Nelson Gonzalez, representing BHHS EWM Realty, played a crucial role as the broker in this transaction.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $163 per square foot on a published $6M for 36,780 square feet (2020).
Visit Nelson Gonzalez 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93