Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Key Biscayne SFR For $6.9M
100 Island Dr, Key Biscayne, FL 33149, USA
$6,887,000
$98/SF
Building Size
69,870 SF
Asset Type
Single Family Residence
Closing
Sep 16, 2020
About this deal
AI
The recently closed property transaction in Key Biscayne has involved the sale of a single-family home located at 100 Island Drive. The property, represented by Brigitte Nachtigall from Great Properties International LLC and Susan Joch from 1 Life International, was sold for a price of $6,887,000. With a total area of 6,987 square feet, the property offers a price per square foot of $986.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,887,000
- Square Footage: 6,987
- Price per Square Foot: $986
- Address: 100 Island Drive
- Market: Key Biscayne
Catalina Mendez Jaramillo from Berkshire Hathaway HomeServices EWM Realty represented the buyer in this transaction. Their expertise and guidance were essential in facilitating the successful acquisition of the property.
Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $98 per square foot on a published $6.9M for 69,870 square feet (2020).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93