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Lazaro Rolando Martinez & Marialina Martinez Acquire SFR In Islamorada For $2.35M

Property Image
SOLD
$2,350,000

Florida

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Single Family Residence2,613 SF
Sold 06/17/2022
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Property Image
SOLD

Lazaro Rolando Martinez & Marialina Martinez Acquire SFR In Islamorada For $2.35M

400 Palm Drive, Islamorada, Florida 33036, United States

See Similar Deals
Single Family Residence2,613 SF
Sold 06/17/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$899
Total Square Footage:2,613 SF
Transaction Type:Sale

A single-family home located at 400 Palm Dr in Islamorada was recently sold for $2,350,000. The property spans 2,613 square feet, resulting in a price per square foot of $899. The transaction took place on June 17, 2022.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $2,350,000
  • Address: 400 Palm Dr, Islamorada
  • Market: Islamorada

The buyers of the property are Lazaro Rolando Martinez and Marialina Martinez. They were represented by Alexander Pinero from Pine River Realty. The seller of the property is Steven Haase. Alexander Pinero facilitated the deal as the buyer's representative in collaboration with Pine River Realty.

Players

8 deals$30.7M volume
BROKER

Details

SOLD
IMAGE: Alexander Pinero DATE: 06/17/2022 ADDRESS: 400 Palm Dr MARKET: Islamorada ASSET TYPE: SFR BUYER: Lazaro Rolando Martinez & Marialina Martinez SELLER: Steven Haase BUYER'S REP: Alexander Pinero (@Pinero_Alexander_) - Pine River Realty (@PineRiverRealty) SALE PRICE: $2,350,000 SF: 2,613 ~ PPSF: $899

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
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