Leonardo Simoes Zica & Juliana Ribeiro Zica Acquire Single Family Home In Key Biscayne For $6.9M
401 Ridgewood Road, Key Biscayne, Florida 33149, United States
$6,900,000
$1,545/SF
Building Size
4,464 SF
Asset Type
Single Family Residence
Closing
Oct 3, 2022
AI
A single-family property located at 401 Ridgewood Road in Key Biscayne has been sold for $6,900,000. The property spans 0.2 acres and offers 4,464 square feet of living space. This transaction took place on 10/04/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,900,000
- Address: 401 Ridgewood Road, Key Biscayne
- Market: Key Biscayne
- Square Footage: 4,464
- Price per Square Foot: $1,546
The property was bought by Leonardo Simoes Zica and Juliana Ribeiro Zica, while the seller was Miguel Quintero, represented by Avanti Way. Mark Chatburn from Chartburn Real Estate Redefined served as the seller's representative in this deal.
Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93