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901 88th St, Surfside, FL, USA

Point Overseas LLC Acquires Surfside SFR For $1.9M With Vanessa Frank & Jennifer Brilliant
SOLDSingle Family Residence

Point Overseas LLC Acquires Surfside SFR For $1.9M With Vanessa Frank & Jennifer Brilliant

901 88th St, Surfside, FL, USA

$1,900,000

$618/SF

Building Size

3,071 SF

Asset Type

Single Family Residence

Closing

Jun 3, 2020

AI

A single-family home located at 901 88th St in Surfside was recently sold on June 3, 2021. The property, with a total area of 3,071 square feet, was purchased by Point Overseas LLC for the sale price of $1,900,000. The transaction was facilitated by Vanessa Frank of Douglas Elliman, representing the buyer, and Jennifer Brilliant of One Sotheby's International Realty, representing the seller, Sunita Williamson.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $1,900,000

Vanessa Frank, from Douglas Elliman, represented the buyer, Point Overseas LLC, in this transaction. Jennifer Brilliant, from One Sotheby's International Realty, acted as the seller's representative for Sunita Williamson.

Players

Vanessa Frank

Sotheby's International Realty

Broker

$79.4M

vol

15 deals

Broker

Surfside 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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93