Updated Jan 29, 2025
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
About this deal
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.
On the Map
$2,350,000
$756/SF
Single Family Residence
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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