Updated Oct 29, 2024
George J. Sampas & Anna K. Sampas Acquire Miami Shores SFR For $8.7M
9767 Northeast 13th Avenue
$8,695,000
$1,706/SF
Building Size
5,094 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2023
About this deal
AI
A single-family home located at 9767 Northeast 13th Avenue in Miami Shores has been sold for a record-breaking price. The property was purchased by George J. Sampas and Anna K. Sampas for a total sales price of $8,695,000. The home spans an area of 5,094 square feet, resulting in a price per square foot of $1,707. This transaction sets a new benchmark for both the highest total sales price and price per square foot in the area.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $8,695,000
- Market: Miami Shores
- Square Footage: 5,094
- Price per Square Foot: $1,707
- Buyer: George J. Sampas & Anna K. Sampas
- Seller: Cooper Florida Estates - Barry M. Brant
- Broker: Brett Eaglstein - Compass
Brett Eaglstein from Compass represented both the buyer, George J. Sampas and Anna K. Sampas, and the seller, Cooper Florida Estates - Barry M. Brant, in this remarkable transaction. The sale of this property not only achieves a record-breaking total sales price but also sets a new standard for the price per square foot in the Miami Shores market.
Players
Market 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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93