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1734 South Bayshore Lane

Joseph White Acquires Single Family Home In Miami For $5.3M
SOLDSingle Family

Joseph White Acquires Single Family Home In Miami For $5.3M

1734 South Bayshore Lane

Building Size

2,831 SF

Asset Type

Single Family

Closing

May 15, 2024

AI

Located at 1734 South Bayshore Lane in Miami, the single-family property was recently sold. The sale price was $5,300,000, which was slightly below the asking price of $5,900,000. Spanning 2,831 square feet, the property was sold at a price per square foot of $1,872.13.

Summary of transaction details:

Casey Hoffman from Fairlead Realty represented the buyer, Joseph White, in this transaction. On the other side, the seller's representatives were Felise Eber and Jill Eber from Coldwell Banker. The deal involved multiple parties working together to ensure a successful property transfer in the Miami market.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93