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
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
9.40%
Cash-on-Cash
-2.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93