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$2M SFR Sale In Biscayne Park, FL Sets Record-Pricing

Property Image
SOLD
$2,000,000

Florida

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Single Family Residence2,852 SF
Sold 04/01/2022
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Property Image
SOLD

$2M SFR Sale In Biscayne Park, FL Sets Record-Pricing

760 Northeast 115th Street, Biscayne Park, Florida 33161, United States

See Similar Deals
Single Family Residence2,852 SF
Sold 04/01/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$701
Total Square Footage:2,852 SF
Transaction Type:Sale

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.

Players

Maleny Carrasco
3 deals$7.9M volume
BROKER

Details

SOLD
IMAGE: Maleny Carrasco DATE: 04/01/2022 ADDRESS: 760 NE 115th St MARKET: Biscayne Park, FL ASSET TYPE: SFR BROKERS: Compass & Lifestyle International Realty SALE PRICE: $2,000,000 SF: 2,852 ~ PPSF: $701 NOTE FROM BROKER: Highest per square foot sale in Biscayne Park, Miami.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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