Updated Sep 9, 2024
Michael & Sanela Doherty Purchase SFR In Key Biscayne For $3.75M
215 Cranwood Dr Key Biscayne, FL 33149, USA
$3,750,000
$1,247/SF
Building Size
3,005 SF
Asset Type
Single Family Residence
Closing
May 31, 2023
About this deal
AI
The property involved in this transaction is a single-family home located at 215 Cranwood Drive in Key Biscayne. The property has a total area of 3,005 square feet. The sale price for this transaction was $3,750,000, resulting in a price per square foot of $1,248.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,750,000
- Buyer: Michael & Sanela Doherty
- Seller: Sasa Mahr-Batuz
- Buyer's Representatives: Nicole Exposito - One Sotheby’s International Realty; Ian Exposito - Compass
The buyer for this property is Michael & Sanela Doherty, while the seller is Sasa Mahr-Batuz. Representing the buyer in this transaction are Nicole Exposito from One Sotheby’s International Realty and Ian Exposito from Compass.
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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93