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7500 Miami View Drive, Nort...

Friedland & Friedlan Sell SFR In North Bay Village For $3.975M
SOLDSingle Family Residence

Friedland & Friedlan Sell SFR In North Bay Village For $3.975M

7500 Miami View Drive, North Bay Village, FL 33141, USA

$3,975,000

$1,392/SF

Building Size

2,854 SF

Asset Type

Single Family Residence

Closing

Aug 25, 2021

AI

The single-family home located at 7500 Miami View Dr in North Bay Village has been sold. The property, with a size of 2,854 square feet, was listed for sale. The asking price for the home was $4,130,000, and it ultimately sold for $3,975,000. This translates to a price per square foot of $1,393.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,975,000
  • Address: 7500 Miami View Dr
  • Market: North Bay Village
  • List Price: $4,130,000
  • Square Footage: 2,854

The sellers of the property were Penelope Friedland and Clifford Friedlan. Representing them in the transaction were Marko Gojanovic from ONE Sotheby’s Realty and Eli Faitelson from The Carroll Group - Compass.

Players

Marko Gojanovic

Sotheby's International Realty

Broker

$575.4M

vol

39 deals

Broker
Compass
CompassBrokerage

North Bay Village 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

3.99%

Cash-on-Cash

-1.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93