Corey Strauss Purchases Single Family Home From Jeffrey And Marisah Gruen For $1.775M
735 Northeast 111th Street
$1,775,000
$716/SF
Building Size
2,477 SF
Asset Type
Single Family Residence
Closing
May 12, 2025
AI
The property is located at 735 Northeast 111th Street in Biscayne Park, featuring a total square footage of 2,477. The sale price was set at $1,775,000, and the price per square foot amounts to $716.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,775,000
- Address: 735 Northeast 111th Street
- Market: Biscayne Park
- Square Footage: 2,477
- Price per Square Foot: $716
- Buyer: Corey Strauss
- Seller: Jeffrey Gruen, Marisah Gruen
- Buyer's Rep: Mendel Fellig - Compass
- Seller's Rep: Laura Graves P.A. - BrokerNation Real Estate
The transaction was facilitated by Mendel Fellig, representing the buyer, Corey Strauss, and Laura Graves P.A. represented the sellers, Jeffrey Gruen and Marisah Gruen. The sale represents a significant event for the community, as noted by the seller's representative, Laura Graves, P.A.
Players
Biscayne Park 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
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93