Julio Silva Provides $6,825,000 Loan To Acquire SFR At 110 Reef Lane In Key Biscayne
$6,825,000
$1,345/SF
Building Size
5,074 SF
Asset Type
Single Family Residence
Closing
Jul 1, 2026
AI
The property asset involved in the transaction is a single-family residence located at 110 Reef Lane in Key Biscayne. The asset features a substantial square footage of 5,074 and involves a loan amount of $6,825,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,825,000
- Lender: Julio Silva
- Broker: Bento Queiroz - Compass
- Loan Type: Acquisition
- Loan Terms: 30 year
This transaction represents the collaboration between lender Julio Silva and broker Bento Queiroz, who is affiliated with Compass, facilitating the acquisition of the property. The deal was finalized on 07/01/2026, highlighting the engagement of key individuals in this real estate transaction.
Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93