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401 Ridgewood Road, Key Bis...

Updated Oct 28, 2024

Leonardo Simoes Zica & Juliana Ribeiro Zica Acquire Single Family Home In Key Biscayne For $6.9M
SOLDSingle Family Residence

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

About this deal

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.

On the Map

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$6,900,000

$1,545/SF

Single Family Residence

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Players

Mark Chatburn

Broker

$37.9M

vol

5 deals

Broker
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Key Biscayne Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $6.9M for 4,464 square feet (2022).

Visit Mark Chatburn to view all their deals.

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

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