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6000 Southwest 79th Street

Michael Allenberg Acquires Single Family Home In South Miami For $3.865M
SOLDSingle Family

Michael Allenberg Acquires Single Family Home In South Miami For $3.865M

6000 Southwest 79th Street

$3,865,000

$937/SF

Building Size

4,123 SF

Asset Type

Single Family

Closing

Jun 25, 2024

AI

The property located at 6000 Southwest 79th Street in South Miami, a single-family home, was sold for $3,865,000. The property spans 4,123 square feet, resulting in a price per square foot of $937.

Summary of transaction details:

The Real Estate Lab, represented by Uri Redler, Shlomo Poston, and Yaacov Poston, facilitated the successful transaction between the buyer, Michael Allenberg, and the seller, Jessica Rodriguez. This sale underscores the active real estate market in South Miami and the significant investment made by the buyer in this desirable single-family property.

Players

Yaacov Poston

The Real Estate Lab

Broker

$62.1M

vol

29 deals

Broker

South 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

4.10%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93