Vincent Scorza Sells Miami Beach SFR On N Shore Dr For $2.4M With Brokers Nancy Batchelor, Juan Salas, And Camila Paiva
SOLD
$2,449,000
+ 1
Florida
See Similar DealsSingle Family Residence3,129 SF
Sold 08/18/2022
SOLD
Vincent Scorza Sells Miami Beach SFR On N Shore Dr For $2.4M With Brokers Nancy Batchelor, Juan Salas, And Camila Paiva
870 North Shore Drive, Miami Beach, Florida 33141, United States
See Similar DealsSingle Family Residence3,129 SF
Sold 08/18/2022
+ 1
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$782
Total Square Footage:3,129 SF
Transaction Type:Sale
A single-family residential (SFR) property located at 870 N Shore Dr in Miami Beach has recently been sold for $2,449,000. The property spans across 3,129 square feet, resulting in a price per square foot of $783. The transaction took place on August 18, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,449,000
- Address: 870 N Shore Dr, Miami Beach
- Market: Miami Beach
The seller of this property was Vincent Scorza. The sale was facilitated by Nancy Batchelor and Juan Salas from Compass Florida, as well as Camila Paiva from ONE Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,613.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,700.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,609.51
Annual Debt Service$139,314.11
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