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Maria Posada & Nicholas Henrich Acquire Single Family Home From First United Methodist Church For $2.5M

Property Image
SOLD
$2,500,000
Olga Medina
Marco Tine

Florida

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Single Family Residence3,295 SF
Sold 02/28/2025
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Property Image
SOLD

Maria Posada & Nicholas Henrich Acquire Single Family Home From First United Methodist Church For $2.5M

165 South Shore Drive

See Similar Deals
Single Family Residence3,295 SF
Sold 02/28/2025
Olga Medina
Marco Tine
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$758
Total Square Footage:3,295 SF
Transaction Type:Sale

A single-family home located at 165 South Shore Drive in Miami was sold for $2,500,000. The property's total square footage is 3,295, resulting in a price per square foot of $758.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,500,000
  • Address: 165 South Shore Drive
  • Market: Miami
  • Square Footage: 3,295
  • Price per Square Foot: $758
  • Buyer: Maria Posada & Nicholas Henrich
  • Seller: First United Methodist Church of Miami
  • Buyer's Representative: Olga Medina - One Sotheby’s International Realty
  • Seller's Representative: Marco Tine - Serhant
  • Close Duration: 24 days

Olga Medina represented the buyers, Maria Posada and Nicholas Henrich, while Marco Tine represented the seller, the First United Methodist Church of Miami, in this transaction.

Players

Olga Medina
One Sotheby’s International Realty
Olga Medina
1 deal$2.5M volume
BROKER
Marco Tine
Serhant
Marco Tine
3 deals$15.7M volume(786) 797-8463
BROKER

Details

SOLD
IMAGE: Marco Tine & Olga Medina DATE: 02/28/2025 ADDRESS: 165 South Shore Drive MARKET: Miami ASSET TYPE: Single Family BUYER: Maria Posada & Nicholas Henrich SELLER: First United Methodist church of Miami BUYER'S REP: Olga Medina (@LuliMedina) - One Sotheby’s International Realty (@Onesir) SELLER'S REP: Marco Tine (@Casacollectiongroup) - Serhant (@Serhant) SALE PRICE: $2,500,000 SF: 3,295 ~ PPSF: $758 NOTE FROM BROKER: 24 day close!!

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Deal Type
Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
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