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1100 Northwest North River ...

Ken Karpawich Purchases Miami Single Family Property From Babba Yesharim For $2.5M
SOLDSingle Family

Ken Karpawich Purchases Miami Single Family Property From Babba Yesharim For $2.5M

1100 Northwest North River Drive

$2,500,000

$1,714/SF

Building Size

1,458 SF

Asset Type

Single Family

Closing

May 22, 2024

AI

The Single Family property located at 1100 Northwest North River Drive in Miami was sold for $2,500,000. Spanning 1,458 square feet, the sale price of $1,714 per square foot indicates the high demand for waterfront homes in the area. The property boasts 59 feet of deep Miami River frontage.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $2,500,000
  • Address: 1100 Northwest North River Drive
  • Market: Miami
  • Square Footage: 1,458
  • Price per Square Foot: $1,714

"Miami River Tycoons Trade Property. Garcia Diaz / Kleer Team Adds Value With Record Sale." Both the buyer, Ken Karpawich, and the seller, Babba Joshua Yesharim, were represented by Fabian Garcia Diaz and Allan Kleer, distinguished senior agents from ONE Sotheby's International Realty.

Players

Fabian Garcia-Diaz

Sotheby's International Realty

Broker

$61.5M

vol

9 deals

Broker

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93