Daniela Izquierdo Sells Development Site At 630 Sunset Circle Key Biscayne For $3.85M
630 Sunset Circle
$3,850,000
Building Size
—
Asset Type
Development Site
Closing
Aug 19, 2024
AI
The property involved in this transaction is a development site located at 630 Sunset Circle in Key Biscayne. The sale price for this asset was $3,850,000, and it comprises a total of 9,500 square feet, resulting in a price per square foot of $405.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,850,000
- Address: 630 Sunset Circle
- Market: Key Biscayne
- Built Square Feet: 9,500
- Price per Built Square Feet: $405
- Seller: Daniela Izquierdo
- Broker: Ruben Chamorro - Douglas Elliman
Ruben Chamorro represented the seller, Daniela Izquierdo, in this transaction, facilitating the sale of the property. The deal was closed on 08/19/2024.
Players
Key Biscayne Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93