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

/

Land

/

Sale

/

6350 Southwest 109th Street

Oscar Arellano & Jennifer Restrepo Facilitate $3.5M Land  Sale In Pinecrest
SOLDLand

Oscar Arellano & Jennifer Restrepo Facilitate $3.5M Land Sale In Pinecrest

6350 Southwest 109th Street

$3,500,000

Building Size

Asset Type

Land

Closing

Apr 8, 2024

AI

The land parcel located at 6350 Southwest 109th Street in Pinecrest spans 0.89 acres and was sold for $3,500,000. Oscar Arellano of Berkshire Hathaway HomeServices represented the buyer, while Jennifer Restrepo of EXP Realty served as the seller's representative.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $3,500,000
  • Address: 6350 Southwest 109th Street
  • Market: Pinecrest
  • Asset Type: Land
  • ACRES: 0.89

Oscar Arellano of Berkshire Hathaway HomeServices acted as the buyer's representative, facilitating the sale of the land parcel, while Jennifer Restrepo, representing EXP Realty, managed the sale from the seller's side.

Players

Oscar Arellano

Coldwell Banker

Broker

$49.8M

vol

9 deals

Broker

Pinecrest Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93