Updated Jul 17, 2025
Elisabeth Gazay & Marine Lavaud Of Douglas Elliman Represent Buyer In $1.525M Palmetto Bay Sale
17220 Southwest 77th Court
$1,525,000
$435/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
Jun 29, 2025
About this deal
AI
The property located at 17220 Southwest 77th Court in Palmetto Bay is a single-family home that was sold for $1,525,000. The house encompasses 3,500 square feet, translating to a price per square foot of $435. It is situated in an area known for its green spaces, referred to as "the village of parks."
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,525,000
- Square Footage: 3,500
- Price Per Square Foot: $435
- Address: 17220 Southwest 77th Court
- Market: Palmetto Bay
- Buyer's Representatives: Elisabeth Gazay & Marine Lavaud - Douglas Elliman
The transaction was facilitated by Elisabeth Gazay and Marine Lavaud, who represent the buyer in this deal. Their note highlights a successful relocation from the North East, emphasizing that the clients will benefit from a peaceful waterfront home on a large lot.
Players
Palmetto Bay 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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93