Todd Glaser Acquires 7,675 SF SFR On Indian Creek Island Rd From Don Francisco For $23.75M
SOLD
Florida
See Similar DealsSingle Family Residence7,675 SF
Sold
SOLD
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
See Similar DealsSingle Family Residence7,675 SF
Sold
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
- Property Type: SFR
- Transaction Amount: $23,750,000
- Buyer: Todd Glaser
- Seller: Don Francisco
- Brokers: Danilo Tavares - Compass; Dina Goldentayer - Douglas Elliman
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
BROKERAGE
Details
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Deal Type
30 years
10 years
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
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