Updated Dec 4, 2024
Bryant Grosso & Tamika Moses Facilitate $550K Single Family Sale In Miami Shores
823 Northeast 96th Street
$550,000
$299/SF
Building Size
1,834 SF
Asset Type
Single Family
Closing
Apr 11, 2024
About this deal
AI
A spacious single-family home in Miami Shores, located at 823 Northeast 96th Street, was recently sold for $550,000. This property, spanning 1,834 square feet on a 0.26-acre lot, is situated in a desirable school district and close to the prestigious Miami Shores Country Club.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $550,000
- Market: Miami Shores
- Address: 823 Northeast 96th Street
- Square Footage: 1,834
- Price per Square Foot: $300
- Buyer's Rep: Bryant Grosso - R House Real Estate
- Seller's Rep: Tamika Moses - Robin Bird Realty
Bryant Grosso from R House Real Estate represented the buyer in this transaction, while Tamika Moses from Robin Bird Realty represented the seller. The property, sold for $550,000, is located in a prime area surrounded by million-dollar residences, offering a great opportunity for renovation.
Players
Miami Shores 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
28.84%
Cash-on-Cash
-8.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93