Urbane Sells Pinecrest SFR For $7.75M With Brokers Reid Heidenry, Marko Gojanovic & Michael Martinez
7310 SW 104th St Miami, FL 33156, USA
$7,750,000
$1,030/SF
Building Size
7,521 SF
Asset Type
Single Family Residence
Closing
May 12, 2023
AI
The recently closed property transaction in Pinecrest involved the sale of a Single-Family Home (SFR) located at 7310 Southwest 104th Street. This spacious property spans over 7,521 square feet. The transaction, facilitated by ONE Sotheby's International Realty, was completed on 05/12/2023.
Summary of transaction details:
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $7,750,000
- Square Footage: 7,521
- Price Per Square Foot: $1,030
- Seller: URBANE
- Brokers: Reid Heidenry, Marko Gojanovic, and Michael Martinez - ONE Sotheby's International Realty
The deal was successfully brokered by Reid Heidenry, Marko Gojanovic, and Michael Martinez, representing ONE Sotheby's International Realty. Their expertise played a crucial role in facilitating the transaction. The property's prime location in Pinecrest further added to its appeal, making it an attractive investment.
Players
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
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93