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900 Northwest 7th Street Road

Shai Ben Ami Of Urban Core Represents Buyer In Sale Of Miami Single Family Home For $2.35M
SOLDSingle Family Residence

Shai Ben Ami Of Urban Core Represents Buyer In Sale Of Miami Single Family Home For $2.35M

900 Northwest 7th Street Road

$2,350,000

$756/SF

Building Size

3,108 SF

Asset Type

Single Family Residence

Closing

Oct 29, 2024

AI

This transaction involved the sale of a single-family home located at 900 Northwest 7th Street Road in the Miami market. The property sold for $2,350,000 and encompasses a total square footage of 3,108. The price per square foot for this sale is $756.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,350,000
  • Square Footage: 3,108
  • Price per Square Foot: $756
  • Address: 900 Northwest 7th Street Road
  • Market: Miami

Shai Ben Ami of Urban Core represented the buyer in this transaction. According to the broker, the recent sale highlights the popularity of the Spring Garden neighborhood, attracting a significant number of buyers.

Players

Shai Ben Ami

Urban Core

Broker

$14.8M

vol

10 deals

Broker

Miami 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

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93