Updated Dec 20, 2023
Compass Acquires SFR In Miami For $3.1M With Buyer's Rep Angel Nicolas & Seller's Rep Joao Carvalho
7217 SW 52nd Ct, Miami, FL, USA
$3,125,000
$550/SF
Building Size
5,680 SF
Asset Type
Single Family Residence
Closing
Feb 22, 2021
About this deal
AI
An SFR located at 7217 SW 52nd Ct in Miami has been sold for $3,125,000. The property spans an area of 5,680 square feet, resulting in a price per square foot of $550. The transaction took place on February 23, 2021, with Angel Nicolas representing the buyer and Joao Carvalho representing the seller for Jad Realty, LLC.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,125,000
- Address: 7217 SW 52nd Ct, Miami
- Market: Miami
- Asset Type: SFR
- Buyer's Representative: Angel Nicolas - Compass
- Seller's Representative: Joao Carvalho - Jad Realty, LLC
- Asking Price: $3,340,000
- Square Footage: 5,680
- Price Per Square Foot: $550
Angel Nicolas, affiliated with Compass, acted as the buyer's representative in this transaction, while Joao Carvalho, from Jad Realty, LLC, represented the seller. The deal was closed on February 23, 2021, with the property being sold for $3,125,000, at a rate of $550 per square foot.
South 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
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93