facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

All

/

Sale

/

600 Grapetree Drive, Key Bi...

Jacqueline Cabrera Of One Sotheby's International Realty Represents Buyer In Key Biscayne Condo Sale For $1.355M
SOLD

Jacqueline Cabrera Of One Sotheby's International Realty Represents Buyer In Key Biscayne Condo Sale For $1.355M

600 Grapetree Drive, Key Biscayne, FL, USA

$1,355,000

$660/SF

Building Size

2,052 SF

Asset Type

Closing

Mar 14, 2021

AI

This condo located at 600 Grapetree Drive, Key Biscayne has a sale price of $1,355,000. The property encompasses 2,052 square feet, valued at approximately $660 per square foot. It features a layout that includes 3 bedrooms, 3 bathrooms, a den, and a separate storage unit, along with direct ocean views and floor-to-ceiling impact windows.

Summary of transaction details:

Jacqueline M. Cabrera, acting as the Buyer's Agent, previously sold the unit as the Listing Agent for $1,100,000 within the same year. The transaction was marked by a 23% gain, highlighting a surge in condo sales due to inventory shortages at the start of 2021.

Players

Jacqueline Cabrera

Sotheby's International Realty

Broker

$8.1M

vol

3 deals

Broker

Key Biscayne CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.71%

Cash-on-Cash

-3.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93