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10845 Southwest 62nd Avenue...

Levi Meyer Acquires Pinecrest SFR For $3.6M With Seller's Rep Matias Derito
SOLDSingle Family Residence

Levi Meyer Acquires Pinecrest SFR For $3.6M With Seller's Rep Matias Derito

10845 Southwest 62nd Avenue, Pinecrest, FL 33156

$3,600,000

$638/SF

Building Size

5,639 SF

Asset Type

Single Family Residence

Closing

May 12, 2021

AI

A single-family home located at 10845 SW 62nd Ave in Pinecrest has been sold for $3,600,000. The property spans 5,639 square feet, resulting in a price per square foot of $638. The sale occurred on May 13, 2021.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,600,000
  • Address: 10845 SW 62nd Ave, Pinecrest
  • Market: Pinecrest
  • Asset Type: SFR

Levi Meyer from Compass FL represented the buyer in this transaction, while Matias Derito Conway, from The Meyer Groupre at HQ International Realty Group LLC, represented the seller.

Players

Matias Derito Conway

Broker

$48.7M

vol

10 deals

Broker

Pinecrest 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

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93