Nechama Cohen Negotiates $1.4M Single Family Sale In Aventura With Facundo Taub
20758 Northeast 37th Avenue
$1,400,000
$510/SF
Building Size
2,740 SF
Asset Type
Single Family
Closing
Feb 28, 2024
AI
The single-family property located at 20758 Northeast 37th Avenue in Aventura was sold for $1,400,000. Spanning 2,740 square feet, the property was transacted at a price per square foot of $511. The seller, Eduardo Rivitz, engaged Facundo Taub from Lumer Real Estate as their representative in the deal. On the buying side, Nechama Cohen from Bluestone Ventures Group represented the purchaser.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,400,000
- Address: 20758 Northeast 37th Avenue
- Market: Aventura
- Buyer's Rep: Nechama Cohen - Bluestone Ventures Group
- Seller's Rep: Facundo Taub - Lumer Real Estate
- Square Footage: 2,740
- Price per Square Foot: $511
Nechama Cohen, the buyer's representative, was able to secure a deal for the buyers at a price 15% lower than the average prices of comparable properties in the same development. For expert negotiation skills in your real estate transactions, reach out to Nechama Cohen to ensure a great deal on your next property purchase.
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Aventura 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93