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
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