Rene Gonzalez Acquires Palmetto Bay SFR From Yardena Taitz TRS And Entenity Trust For $5M

Located at 17401 Old Cutler Rd in Palmetto Bay, FL, this single-family residential (SFR) property was recently sold. The transaction took place on July 9, 2021, with a sale price of $5,000,000. The property spans a total of 1,675 square feet, resulting in a price per square foot (PPSF) of $2,985. It sits on a spacious 6.38-acre lot, with an approximate price per acre (PPA) of $783,699.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $5,000,000
• Address: 17401 Old Cutler Rd, Palmetto Bay, FL
• Market: Palmetto Bay, FL

The buyer for this property is Rene Gonzalez, while the sellers are Yardena Taitz TRS and Entenity Trust - Mcichael O Hartz TRS. Representing the buyer in this transaction is Michael A. Diaz, and the seller's representative is Fabian Garcia-Diaz.

Please note that the asking rent and the sale price differ, with an asking rent of $6,490,000. The property's sale transaction provided an opportunity for the buyer to acquire this SFR asset at a lower price than initially sought.