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870 North Shore Drive, Miam...

Vincent Scorza Sells Miami Beach SFR On N Shore Dr For $2.4M With Brokers Nancy Batchelor, Juan Salas, And Camila Paiva
SOLDSingle Family Residence

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

$2,449,000

$782/SF

Building Size

3,129 SF

Asset Type

Single Family Residence

Closing

Aug 17, 2022

AI

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.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

Vincent Scorza

Seller

$4.9M

vol

2 deals

Seller

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

6.48%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93