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3341 Northeast 170th Street

Mike Platon & Anthony Nucci Broker $2.8M Single Family Sale In North Miami Beach
SOLDSingle Family

Mike Platon & Anthony Nucci Broker $2.8M Single Family Sale In North Miami Beach

3341 Northeast 170th Street

$2,800,000

$869/SF

Building Size

3,219 SF

Asset Type

Single Family

Closing

Jun 12, 2024

AI

The single-family property located at 3341 Northeast 170th Street in North Miami Beach was sold in a recent transaction. The property spans 3,219 square feet and was sold for $2,800,000, exceeding the initial asking price of $2,699,000. The price per square foot for this residence was $870.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,800,000
  • Buyer: Mike Platon - Vera Realty
  • Seller: Peter Eli
  • Seller's Representative: Anthony Nucci - Douglas Elliman

Mike Platon from Vera Realty represented the buyer in this transaction, while the seller, Peter Eli, was represented by Anthony Nucci from Douglas Elliman. The deal closed successfully, with the property being sold for a final price of $2,800,000, reflecting a price per square foot of $870.

Players

Anthony Nucci

Douglas Elliman

Broker

$17.5M

vol

6 deals

Broker

North Miami Beach 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93