One Sotheby's Acquires Surfside SFR On 932 88th St For $3.7M
932 88th St, Surfside, FL, USA
$3,700,000
$370/SF
Building Size
10,000 SF
Asset Type
Single Family Residence
Closing
Aug 16, 2021
AI
A single-family residence located at 932 88th St in Surfside was recently sold for a price of $3,700,000. The property spans approximately 10,000 square feet, resulting in a price per square foot of $370. The sale took place on August 16, 2021.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $3,700,000
- Square Footage: 10,000
- Address: 932 88th St
- Market: Surfside
The buyer in this transaction was represented by Vanessa Frank from One Sotheby's International Realty. On the other hand, Joyce Gato from Douglas Elliman acted as the seller's representative. These individuals played a crucial role in facilitating the successful completion of the deal.
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93