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11200 Southwest 60th Avenue

Anamaria Velasquez Of Nexxos Realty Miami Acquires Pinecrest SFR For $6.2M
SOLDSingle Family Residence

Anamaria Velasquez Of Nexxos Realty Miami Acquires Pinecrest SFR For $6.2M

11200 Southwest 60th Avenue

$6,200,000

$960/SF

Building Size

6,452 SF

Asset Type

Single Family Residence

Closing

Apr 28, 2023

AI

Anamaria Velasquez of Nexxos Realty Miami represented the buyer in the sale of a single-family home located at 11200 Southwest 60th Avenue in Pinecrest. The property sold for $6,200,000. It spans 6,452 square feet, resulting in a price per square foot of $961.

Summary of transaction details

  • Property Type: Single-Family Home
  • Sale Price: $6,200,000
  • Square Footage: 6,452
  • Price per Square Foot: $961
  • Market: Pinecrest
  • Date: 04/28/2023

Anamaria Velasquez, a representative from Nexxos Realty Miami, played a vital role in facilitating this transaction. The deal exemplifies the expertise and dedication of both the buyer's representative and the buyer, ultimately resulting in the successful acquisition of a prestigious property in Pinecrest.

Players

Anamaria Velasquez

Broker

$70.4M

vol

10 deals

Broker

Market 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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93