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Todd Glaser Acquires 7,675 SF SFR On Indian Creek Island Rd From Don Francisco For $23.75M

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SOLD
$23,750,000

Florida

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Todd Glaser Acquires 7,675 SF SFR On Indian Creek Island Rd From Don Francisco For $23.75M

37 Indian Creek Island Road, Indian Creek Village, FL, USA

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Single Family Residence7,675 SF
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3094
Total Square Footage:7675 SF
Transaction Type:Sale

Located at 37 Indian Creek Island Rd in Miami Dade, this single-family home (SFR) was recently sold in a closed transaction. The property spans 7,675 square feet and was sold for a price of $23,750,000, resulting in a price per square foot of $3,094.

Summary of transaction details

Todd Glaser served as the buyer in this transaction, while Don Francisco acted as the seller. The deal was facilitated by two brokers: Danilo Tavares from Compass and Dina Goldentayer from Douglas Elliman.

Players

Dina Goldentayer
84 deals$1.4B volume(786) 277-7539
BROKER

Danilo Tavares
Douglas Elliman
2 deals$102.8M volume(305) 677-5000
BROKER

Todd Michael Glaser
41 deals$974.3M volume(786) 208-2124
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Danilo Tavares & Dina Goldentayer DATE: 07/02/2021 ADDRESS: 37 Indian Creek Island Rd MARKET: Miami Dade ASSET TYPE: SFR BUYER: Todd Glaser SELLER: Don Francisco BROKERS: Danilo Tavares (@RealDaniloTavares) - Compass; Dina Goldentayer (@GoldenDina) - Douglas Elliman SALE PRICE: $23,750,000 SF: 7,675 ~ PPSF: $3,094

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

$1,266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$84,378.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$112,587.12
Annual Debt Service$1,351,045.40