Jonathan Rodriguez & Isabel Burgos Acquire SFR In Miami For $3.995M
10506 Southwest 89th Place, Miami, Florida 33176, United States
$3,995,000
$653/SF
Building Size
6,112 SF
Asset Type
Single Family Residence
Closing
Sep 26, 2022
AI
Located at 10506 SW 89th Place in Miami, this SFR property was recently sold in a closed transaction. The property covers an area of 6,112 square feet and was listed at a price of $3,995,000. The sale price per square foot was approximately $654, making it an attractive investment.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,995,000
- Buyer: Jonathan Rodriguez & Isabel Burgos
- Seller: Ori Darmon
- Brokers: Miguel Rodriguez & Samuel M. Hernandez - LandSafe Investment Group - Lifestyle International Realty
The buyers, Jonathan Rodriguez and Isabel Burgos, successfully purchased the property from seller Ori Darmon. The deal was facilitated by brokers Miguel Rodriguez and Samuel M. Hernandez from LandSafe Investment Group and Lifestyle International Realty. This transaction demonstrates the strong demand for properties in the Miami market.
Players
Kendall Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93