Jenny Duls & Mark Duls Acquire Other Vacant Property In Key Biscayne, FL For $2.25M
300 Fernwood Road, Key Biscayne, Florida 33149, United States
$2,250,000
Building Size
—
Asset Type
Other
Closing
May 10, 2022
About this deal
AI
The other vacant property located at 300 Fernwood Rd in Key Biscayne, FL was recently sold in a closed transaction on May 11, 2022. The property was purchased by Jenny Duls and Mark Duls for a price of $2,250,000. The seller of the property was Humberto O. Ronaldi.
Summary of transation details
- Property Type: Other Vacant
- Transaction Amount: $2,250,000
- Address: 300 Fernwood Rd, Key Biscayne, FL
- Buyer: Jenny Duls & Mark Duls
- Seller: Humberto O. Ronaldi
The purchase of the property at 300 Fernwood Rd was facilitated by Jenny Duls and Mark Duls, who acted as their own representatives in the deal. They negotiated with the seller, Humberto O. Ronaldi. The transaction demonstrates the buyer's interest in investing in the Key Biscayne, FL market.
Players
Key Biscayne Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93