SOLDSingle Family
Casey Hoffman Of Fairlead Realty Represents Buyer In $5.3M Sale Of Miami Single Family Home
1734 South Bayshore Lane
Building Size
2,831 SF
Asset Type
Single Family
Closing
May 15, 2024
AI
The asset involved in this transaction is a single-family home located at 1734 South Bayshore Lane in the Miami market. The property has an asking price of $5,900,000 and was sold for $5,300,000. It features 2,831 square feet and is valued at a price per square foot of $1,872.13.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,300,000
- Address: 1734 South Bayshore Lane
- Date of Sale: 5/15/2024
- Asking Price: $5,900,000
- Square Footage: 2,831
- Price Per Square Foot: $1,872.13
Casey Hoffman from Fairlead Realty represented the buyer in this transaction, while the seller was represented by Felise Eber and Jill Eber from Coldwell Banker. This collaboration between the representatives facilitated the successful completion of the sale in the Miami area.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93