Elaine Sanchez Purchases Single Family Home In Miami For $1.15M With Bianca Guevara As Buyer's Rep
16361 Southwest 53rd Terrace
$1,150,000
$339/SF
Building Size
3,386 SF
Asset Type
Single Family Residence
Closing
Apr 11, 2025
AI
The property asset involved in the transaction is a single-family home located at 16361 Southwest 53rd Terrace in the Miami market. The sale price was $1,150,000, and the property encompasses a total area of 3,386 square feet, resulting in a price per square foot of $339.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,150,000
- Address: 16361 Southwest 53rd Terrace
- Market: Miami
- Square Footage: 3,386
- Price per Square Foot: $339
- Buyer: Elaine Sanchez
- Seller: Maiker Napoles Jorge
- Buyer's Representative: Bianca Guevara - Luxe Properties
The key individuals involved in this transaction include Elaine Sanchez as the buyer and Maiker Napoles Jorge as the seller. Bianca Guevara from Luxe Properties represented the buyer in this deal.
Players
Miami 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93