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Mayfair Real Estate Advisors Sells Single Family Property In Miami For $12.8M

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SOLD
$12,750,000

Florida

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Single Family Residence13,930 SF
Sold 04/16/2021
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Property Image
SOLD

Mayfair Real Estate Advisors Sells Single Family Property In Miami For $12.8M

3590 Crystal View Court, Miami, FL, USA

See Similar Deals
Single Family Residence13,930 SF
Sold 04/16/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$915
Total Square Footage:13,930 SF
Transaction Type:Sale

The single-family property located at 3590 Crystal View Ct in Miami has been sold in a recent transaction. The property spans over 13,930 square feet and was sold for a price of $12,750,000, resulting in a price per square foot of $915.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $12,750,000
  • Address: 3590 Crystal View Ct, Miami
  • Market: Miami
  • Broker: Lino Morejon - Mayfair Real Estate Advisors

Lino Morejon from Mayfair Real Estate Advisors represented the parties involved in this real estate transaction. The sale of this single-family property at 3590 Crystal View Ct highlights the expertise and negotiation skills of Lino Morejon in the Miami market.

Players

3 deals$26.8M volume
BROKER

Details

SOLD
IMAGE: Lino Morejon DATE: 04/16/2021 ADDRESS: 3590 Crystal View Ct MARKET: Miami ASSET TYPE: Single Family BROKER: Lino Morejon - Mayfair Real Estate Advisors PRICE: $12,750,000 SF: 13,930 ~ PPSF: $915

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$679,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$45,298.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$60,441.50
Annual Debt Service$725,298.06