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187 Northwest 53rd Street

Adner Dhaiti Acquires Single Family Property In Miami For $1M
SOLDSingle Family

Adner Dhaiti Acquires Single Family Property In Miami For $1M

187 Northwest 53rd Street

$1,000,000

$610/SF

Building Size

1,639 SF

Asset Type

Single Family

Closing

Dec 11, 2023

AI

A single-family property located at 187 Northwest 53rd Street in Miami has been sold for a record-breaking price of $1,000,000. The property spans a total of 1,639 square feet, resulting in a price per square foot of $610. The transaction took place on 12/11/2023.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,000,000
  • Square Footage: 1,639
  • Price per Square Foot: $610
  • Address: 187 Northwest 53rd Street, Miami

Adner Dhaiti has acquired the property from the sellers, Avihay Hadad and Evyatar Skouri. The broker, Alon Elbaz from The Real Estate Lab, represented both the buyer and the seller in this record-breaking transaction.

It is worth noting that Alon Elbaz with The Real Estate Lab played a pivotal role in facilitating this deal as the representative of both the buyer and the seller.

Players

Alon Elbaz

The Real Estate Lab

Broker

$5.3M

vol

4 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93