Updated Dec 4, 2024
Ada Sasson Of Cervera Real Estate Represents Seller Rich In $4.6M North Miami Sale
16442 Northeast 34th Avenue
$4,600,000
$1,507/SF
Building Size
3,052 SF
Asset Type
Single Family
Closing
Jul 2, 2024
About this deal
AI
The property at 16442 Northeast 34th Avenue in North Miami Beach is a unique single-family home consisting of 3,052 square feet. The sale price for this distinctive property was $4,600,000, translating to a price per square foot of $1,507. This sale involved a double lot in Eastern Shores, making it a one-of-a-kind transaction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,600,000
- Market: North Miami Beach
- Seller: Ann Rich
- Broker: Ada Sasson - Cervera Real Estate
The broker representing the seller in this deal was Ada Sasson from Cervera Real Estate. Ada played a crucial role in facilitating the transaction, connecting the seller and the buyer for the successful sale of this exceptional property.
Players
North Miami Beach 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93