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
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