Updated Dec 4, 2023
Matthew Teuteberg Acquires SFR In Islamorada From Ron Glazer
120 Venetian Dr, Islamorada, FL 33036
$2,650,000
$960/SF
Building Size
2,760 SF
Asset Type
Single Family Residence
Closing
May 30, 2023
About this deal
AI
The property involved in this transaction is a single-family home located at 120 Venetian Drive in Islamorada. It was sold for a price of $2,650,000. The home has a total area of 2,760 square feet, resulting in a price per square foot of $960.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $2,650,000
- Address: 120 Venetian Drive
- Market: Islamorada
The buyer in this transaction was Matthew Teuteberg, while the seller was Ron Glazer. The brokers involved in the deal were Alexander Pinero and Dominic Rivera from Pine River Realty.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $960 per square foot on a published $2.7M for 2,760 square feet (2023).
Visit Dominic Rivera to view all their deals.
Browse Miami single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93