Updated Dec 21, 2023
Rick Pitino Sells Miami-Dade SFR For $17M
38 Indian Creek Island Rd, Indian Creek, FL 33154, USA
$17,000,000
$1,752/SF
Building Size
9,700 SF
Asset Type
Single Family Residence
Closing
Apr 13, 2020
About this deal
AI
Rick Pitino, former head coach of the Louisville Cardinals basketball team, has sold his luxurious single-family residence on Indian Creek Island Rd. in Miami-Dade, Florida. The property, situated in the upscale market of Miami-Dade, was sold for a whopping $17 million. Spanning over 9,700 square feet, the residence boasts an impressive price per square foot of $1,752.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $17,000,000
- Square Footage: 9,700
- Address: 38 Indian Creek Island Rd.
- Market: Miami-Dade
The transaction was facilitated by Rick Pitino's representative.
Please note that no additional information about the property or the buyer is available.
Players
Indian Creek Village Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $17M for 9,700 square feet (2020).
Browse Indian Creek Village single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93