Levi Meyer Acquires Pinecrest SFR For $3.6M With Seller's Rep Matias Derito
SOLD
Florida
See Similar DealsSingle Family Residence5,639 SF
Sold 05/13/2021
SOLD
Levi Meyer Acquires Pinecrest SFR For $3.6M With Seller's Rep Matias Derito
10845 Southwest 62nd Avenue, Pinecrest, FL 33156
See Similar DealsSingle Family Residence5,639 SF
Sold 05/13/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$638
Total Square Footage:5,639 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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