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251 Knollwood Drive

Updated Sep 5, 2024

SOLDSingle Family Residence

Compass Brokers Sell Key Biscayne SFR For $10.05M At 251 Knollwood Dr

251 Knollwood Drive

$10,050,000

$324,193/SF

Building Size

31 SF

Asset Type

Single Family Residence

Closing

Jan 12, 2023

About this deal

AI

The property at 251 Knollwood Drive in Key Biscayne has been sold for a price of $10,050,000. Spanning an area of 31,000 square feet, the single-family residence (SFR) offers a price per square foot of $324. The sale was completed on January 12, 2023.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,050,000
  • Address: 251 Knollwood Drive, Key Biscayne
  • Market: Key Biscayne
  • Asset Type: SFR

The sale of the property was facilitated by brokers Alex Pirez and David De Leon from Compass. They represented the parties involved in the transaction, showcasing their expertise and assisting in the successful completion of the deal.

Players

Alex Pirez

Mocca Group

Broker

$537.8M

vol

24 deals

Broker

Key Biscayne Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Compass Brokers bought a home in Key Biscayne for $10.1M in 2023. The full closing is on this page.

About $324.2K per square foot on a published $10.1M for 31 square feet (2023).

Visit David De Leon to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.58%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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