$2M SFR Sale In Biscayne Park, FL Sets Record-Pricing
760 Northeast 115th Street, Biscayne Park, Florida 33161, United States
$2,000,000
$701/SF
Building Size
2,852 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2022
AI
Located in Biscayne Park, Miami, this single-family home (SFR) at 760 NE 115th St has recently been sold. The property, covering an area of 2,852 square feet, achieved a sale price of $2,000,000, making it the highest per square foot sale in the area. With a price per square foot of $701, this transaction highlights the growing demand and value of properties in Biscayne Park.
Summary of transaction details
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $2,000,000
- Square Footage: 2,852
- Price per Square Foot: $701
- Market: Biscayne Park, FL
This successful sale was facilitated by the collaboration between Compass and Lifestyle International Realty. Their expertise played a crucial role in securing this record-breaking deal, showcasing their ability to navigate the competitive Biscayne Park real estate market. The sale of 760 NE 115th St marks a milestone for the area, demonstrating the increasing value and desirability of properties in Biscayne Park, Miami.
Biscayne Park Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93