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6261 Southwest 80th Street,...

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

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

$3,225,000

$598/SF

Building Size

5,391 SF

Asset Type

Single Family Residence

Closing

May 6, 2021

AI

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

Douglas Elliman

Broker

$21.1M

vol

7 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.92%

Cash-on-Cash

-1.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93