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801 South Miami Avenue

Wilson Hernandez Purchases SFR In Miami From Maxwell Shillman For $1.625M With Brokers Joseph Brikman & Rebecca Fischer
SOLDSingle Family Residence

Wilson Hernandez Purchases SFR In Miami From Maxwell Shillman For $1.625M With Brokers Joseph Brikman & Rebecca Fischer

801 South Miami Avenue

$1,625,000

$1,007/SF

Building Size

1,613 SF

Asset Type

Single Family Residence

Closing

Jan 17, 2025

AI

The transaction involved a single-family residence located at 801 South Miami Avenue in Miami, FL. The property sold for a price of $1,625,000, covering a total area of 1,613 square feet, which equates to a price per square foot of $1,007.

Summary of transaction details:

Joseph Brikman and Rebecca Fischer represent The Modern Day Team @ Real Broker, who is actively involved in numerous transactions, showcasing significant results in the market. The brokerage currently manages $104,000,000 in listed, sold, and pending inventory since the start of 2025.

Players

Joseph Brikman

Real Broker

Broker

$16.9M

vol

7 deals

Broker

Miami 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

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93