facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

69 NE 48th St Miami, FL 331...

Marcello And Flavia Glass Purchase SFR In Miami's Buena Vista For $1.7M
SOLDSingle Family Residence

Marcello And Flavia Glass Purchase SFR In Miami's Buena Vista For $1.7M

69 NE 48th St Miami, FL 33137, USA

$1,700,000

$771/SF

Building Size

2,205 SF

Asset Type

Single Family Residence

Closing

Jul 21, 2023

AI

The property involved in this transaction is a Single Family Home located at 69 NE 48th St in the Buena Vista neighborhood of Miami. The property has a charming design and is just steps away from the Design District. It is situated on a double lot, with 2 separate folios, providing the buyer with the option to build a pool or sell/develop the vacant lot to maximize profits. The property spans 2,205 square feet and was sold for a price of $1,700,000, resulting in a price per square foot of $771.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,700,000
  • Address: 69 NE 48th St
  • Market: Miami
  • Buyer: Marcello Glass & Flavia Glass
  • Seller: Megan McIntosh & Guillermo Younger
  • Broker: Brandon Brugal - BZG International Real Estate

The buyers of the property are Marcello Glass and Flavia Glass. The sellers are Megan McIntosh and Guillermo Younger. The broker representing this transaction is Brandon Brugal from BZG International Real Estate.

Players

Brandon Brugal

BZG International

Broker

$47.3M

vol

17 deals

Broker

Miami 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

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93