Marlon Cohen Of Douglas Elliman Represents Buyer In Sale Of North Miami Single Family Home For $4M
11585 Northeast 22nd Drive
$4,000,000
$179/SF
Building Size
22,235 SF
Asset Type
Single Family Residence
Closing
Apr 16, 2025
AI
The property involved in this transaction is a single family home located at 11585 Northeast 22nd Drive in North Miami. The asset spans 22,235 square feet with a sale price of $4,000,000, reflecting a price per square foot of $179.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $4,000,000
- Address: 11585 Northeast 22nd Drive
- Market: North Miami
- Square Footage: 22,235
- Price Per Square Foot: $179
The buyer was represented by Marlon Cohen from Douglas Elliman, while Ryan Greenwald from Property Pro Partners LLC represented the seller in this transaction.
Players
North Miami 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93