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Shaner Properties Sells SFR At 6261 SW 80 Street Miami For $3.225M With Brokers Karl Hueck And Luis Dominguez

Property Image
SOLD
$3,225,000

Florida

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Single Family Residence5,391 SF
Sold 05/07/2021
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Property Image
SOLD

Shaner Properties Sells SFR At 6261 SW 80 Street Miami For $3.225M With Brokers Karl Hueck And Luis Dominguez

6261 Southwest 80th Street, South Miami, Miami-Dade, FL, USA

See Similar Deals
Single Family Residence5,391 SF
Sold 05/07/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$598
Total Square Footage:5,391 SF
Transaction Type:Sale

The property involved in this transaction is a single-family residence located at 6261 SW 80 Street, Miami. The asking price for the asset was $3,699,000, and it ultimately sold for $3,225,000. The property encompasses a total area of 5,391 square feet, leading to a price per square foot of $598.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,225,000
  • Address: 6261 SW 80 Street
  • Market: Miami
  • Seller: Shaner Properties
  • Buyer's Representative: Luis Dominguez @LuisDominguezMiami - Douglas Elliman
  • Seller's Representative: Karl Hueck @KarlHueck - Compass

The transaction featured key participation from the seller's representative, Karl Hueck, an agent from Compass, and the buyer's representative, Luis Dominguez, associated with Douglas Elliman, facilitating the negotiations for the sale of the property.

Players

Luis Dominguez
7 deals$21.1M volume
BROKER

Karl Hueck
8 deals$22.7M volume
BROKER

Details

SOLD
IMAGE: Karl Hueck & Luis Dominguez DATE: 05/07/2021 ADDRESS: 6261 SW 80 Street MARKET: Miami ASSET TYPE: SFR SELLER: Shaner Properties BUYER'S REP: Luis Dominguez @LuisDominguezMiami - Douglas Elliman SELLER'S REP: Karl Hueck @KarlHueck - Compass ASKING PRICE: $3,699,000 SALE PRICE: $3,225,000 SF: 5,391 ~ PPSF: $598

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$172,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,457.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,288.15
Annual Debt Service$183,457.74