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810 Northwest 7th Street

Edward Enis & Raissa Enis Purchase Single Family Home In Miami For $1.45M
SOLDSingle Family

Edward Enis & Raissa Enis Purchase Single Family Home In Miami For $1.45M

810 Northwest 7th Street

$1,450,000

$1,071/SF

Building Size

1,353 SF

Asset Type

Single Family

Closing

Mar 4, 2024

AI

The property at 810 Northwest 7th Street in Miami, a Single Family home, was sold for $1,450,000. The transaction set a record price per square foot for a non-waterfront property in Spring Garden at $1,072. The buyers, Edward Enis and Raissa Enis, acquired the 1,353 square foot property from seller Thomas Anderson. Jackson Keddell from Douglas Elliman represented both the buyer and the seller in this deal.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,450,000
  • Square Footage: 1,353
  • Price Per Square Foot: $1,072
  • Address: 810 Northwest 7th Street, Miami
  • Market: Miami
  • Buyer: Edward Enis & Raissa Enis
  • Seller: Thomas Anderson
  • Buyer & Seller's Rep: Jackson Keddell - Douglas Elliman

Edward Enis and Raissa Enis, along with seller Thomas Anderson, were part of the noteworthy transaction at Spring Garden. The presence of Jackson Keddell from Douglas Elliman as the representing agent for both parties added a professional touch to the deal, which culminated in a record-setting price per square foot in the vibrant Miami real estate market.

Players

Jackson Keddell

Douglas Elliman

Broker

$99.5M

vol

16 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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93