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

Property Image
SOLD
$4,300,000

Florida

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Single Family Residence3,451 SF
Sold 06/19/2021
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Property Image
SOLD

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

857 N Shore Dr, Miami Beach, FL, USA

See Similar Deals
Single Family Residence3,451 SF
Sold 06/19/2021
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,246
Total Square Footage:3,451 SF
Transaction Type:Sale

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
Jim Agard
8 deals$97.6M volume
BROKER

Details

SOLD
IMAGE: Jim Agard DATE: 06/19/2021 ADDRESS: 857 N Shore Dr MARKET: Miami Beach ASSET TYPE: SFR SELLER: APMC Group USA BUYER'S REP: Jim Agard @JimAgard - Vendôme Capital ASKING PRICE: $4,500,000 SALE PRICE: $4,300,000 SF: 3,451 ~ PPSF: $1,246 LOT SIZE: 12,425 SF

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
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