Updated Sep 11, 2026
Simon Fadel Sells Miami SFR For $6.9M With Liz Hogan - Compass
8505 Sw 53 Ave
$6,900,000
$779/SF
Building Size
8,856 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2023
About this deal
AI
Located at 8505 SW 53rd Ave in Miami, this single-family home (SFR) was recently sold for $6,900,000. With a size of 8,856 square feet, the property boasts a price per square foot (PPSF) of $779.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $6,900,000
- Square Footage: 8,856
- Price per Square Foot: $779
- Seller: Simon Fadel
- Broker: Liz Hogan - Compass
Liz Hogan from Compass represented Simon Fadel in this sale transaction.
The single family residence sale at 8505 Sw 53 Ave in Florida sold for $6.9M in 2023. The building is 8,856 square feet, implying about 779 per square foot on the published price. Simon Fadel, Liz Hogan, Compass appear on the sale alongside Compass. This page is the Florida file for the 8505 Sw 53 Ave single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Florida sit in the Market section below. Filter that local single family residence set by closing date to see what else sold near 8505 Sw 53 Ave around 2023. Published consideration for 8505 Sw 53 Ave is $6.9M, dated 2023. Cite this Simon Fadel Sells Miami SFR For $6.9M With Liz Hogan - Compass sale when underwriting similar single family residence product around Florida.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $779 per square foot on a published $6.9M for 8,856 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93