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7531 Beach View Drive, Nort...

Maria Gonzalez Moraes Acquires SFR In North Bay Village For $3.8M
SOLDSingle Family Residence

Maria Gonzalez Moraes Acquires SFR In North Bay Village For $3.8M

7531 Beach View Drive, North Bay Village, Florida 33141, United States

$3,800,000

$1,635/SF

Building Size

2,324 SF

Asset Type

Single Family Residence

Closing

Jul 4, 2022

AI

A single-family home located at 7531 Beach View Dr in North Bay Village has been sold. The property, spanning 2,324 square feet, was purchased by Maria Gonzalez Moraes for a total price of $3,800,000. The price per square foot comes out to $1,635. The sale was facilitated by Morgan Blittner from Brown Harris Stevens Miami, representing the buyer, and Andres Marino from Julie's Realty, LLC, representing the sellers, Maria Eugenia Marino and Manuel B. Marino.

Summary of transation details

  • Property Type: Single-Family Home
  • Transaction Amount: $3,800,000
  • Address: 7531 Beach View Dr
  • Market: North Bay Village

Morgan Blittner from Brown Harris Stevens Miami played a key role as the buyer's representative in this transaction. Similarly, Andres Marino from Julie's Realty, LLC represented the sellers, Maria Eugenia Marino and Manuel B. Marino. Their involvement ensured a smooth and successful sale.

Players

Morgan Blittner

Brown Harris Stevens

Broker

$66.3M

vol

9 deals

Broker
Julie's Realty
Julie's RealtyBrokerage

Miami Beach 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93