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2900 Northeast 7th Avenue

Tallen Todorovich Acquires Single Family Miami Property For $1.69M
SOLDSingle Family

Tallen Todorovich Acquires Single Family Miami Property For $1.69M

2900 Northeast 7th Avenue

$1,687,500

$993/SF

Building Size

1,698 SF

Asset Type

Single Family

Closing

Mar 6, 2024

AI

The single-family property located at 2900 Northeast 7th Avenue in Miami was recently sold for $1,687,500. Spanning 1,698 square feet, the property was acquired at a price per square foot of $994.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,687,500
  • Address: 2900 Northeast 7th Avenue
  • Market: Miami

Tallen Todorovich was the buyer of the property, facilitated by Samantha Scalzo from InterealtyExchange S&S Global. Representing the seller, Lornezo De Mattis, were Lorenz Boulos and Cesia Aguilera from Colfax Realty.

Players

Samantha Scalzo

S&S Global

Broker

$20.2M

vol

9 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

9.40%

Cash-on-Cash

-2.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93