facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

994 Northeast 78th Street, ...

Daniel Kirzner Acquires SFR In MiMo, Miami For $4.9M
SOLDSingle Family Residence

Daniel Kirzner Acquires SFR In MiMo, Miami For $4.9M

994 Northeast 78th Street, Miami, FL, USA

$4,900,000

$1,505/SF

Building Size

3,255 SF

Asset Type

Single Family Residence

Closing

Aug 10, 2021

AI

A single-family residential property located at 994 NE 78 Street in the MiMo neighborhood of Miami has been sold. The property, with a total area of 3,255 square feet, was purchased by Daniel Kirzner. The seller of the property was Caroline Rawlins. The transaction was facilitated by brokers Larry Shinbaum and Sharon Beck. The sale price was $4,900,000. The property was initially listed for $5,150,000, indicating a successful negotiation resulting in a slightly reduced sale price. This translates to a price per square foot of $1,505.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $4,900,000
  • Address: 994 NE 78 Street, MiMo, Miami
  • Market: MiMo, Miami

Daniel Kirzner, the buyer, made this purchase, while Caroline Rawlins served as the seller. The transaction was overseen by brokers Larry Shinbaum and Sharon Beck. The property's sale price of $4,900,000 reflects a successful negotiation, slightly below the initial asking price of $5,150,000. With a total area of 3,255 square feet, the property was sold at a price per square foot of $1,505.

Players

Larry Shinbaum

Luxuri International Realty

Broker

$57.5M

vol

10 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93