Carlos Pan Purchases Condo In Key Biscayne From Alberto Villalva For $2,034,301
785 Crandon Boulevard
$2,034,301
$968/SF
Building Size
2,100 SF
Asset Type
Condo
Closing
Mar 1, 2026
AI
The property is a condo located at 785 Crandon Boulevard in Key Biscayne. The sale price was $2,034,301, with a total square footage of 2,100, which results in a price per square foot of $968.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,034,301
- Address: 785 Crandon Boulevard
- Market: Key Biscayne
- Square Footage: 2,100
- Price per Square Foot: $968
- Buyer: Carlos Pan
- Seller: Alberto Villalva
- Seller's Representative: Eva Garzon & Sebastian Camara - The Grand Lion Real Estate Group
The transaction involved Carlos Pan as the buyer and Alberto Villalva as the seller, with the representation provided by Eva Garzon and Sebastian Camara from The Grand Lion Real Estate Group, ensuring a smooth negotiation and closure of the deal.
Players
Key Biscayne Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.80%
Cash-on-Cash
-2.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93