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:
- Property Type: SFR
- Transaction Amount: $1,625,000
- Buyer: Wilson Hernandez
- Seller: Maxwell Shillman
- Brokers: Joseph Brikman & Rebecca Fischer - The Modern Day Team @ Real Broker
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
Miami 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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93