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857 N Shore Dr, Miami Beach...

APMC Group USA Sells Miami Beach SFR On North Shore Dr For $4.3M
SOLDSingle Family Residence

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

Jim Agard

Broker

$97.6M

vol

8 deals

Broker

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