APMC Group USA Sells Miami Beach SFR On North Shore Dr For $4.3M
857 N Shore Dr, Miami Beach, FL, USA
$4,300,000
$1,246/SF
Building Size
3,451 SF
Asset Type
Single Family Residence
Closing
Jun 18, 2021
AI
The recently closed property transaction in Miami Beach involved the sale of a single-family residential property located at 857 N Shore Dr. Spanning across a lot size of 12,425 square feet, the property offers a spacious living area of 3,451 square feet. The sale was facilitated by APMC Group USA, who acted as the seller in this transaction.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Sale Price: $4,300,000
- Date: 06/19/2021
- Market: Miami Beach
- Asking Price: $4,500,000
- SF: 3,451
- PPSF: $1,246
- Lot Size: 12,425 SF
The buyer in this transaction was represented by Jim Agard from Vendôme Capital, acting as their buyer's representative. Jim Agard played a crucial role in finalizing the deal, ensuring a successful outcome for both the buyer and seller.
Players
Miami Beach 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93