Joel Lusky Of The Brokerage South Florida Real Estate Represents Buyer In Sale Of Miami Single Family Home For $7.69M
SOLD
$7,690,000
Florida
See Similar DealsSingle Family Residence4,000 SF
Sold 12/08/2025
SOLD
Joel Lusky Of The Brokerage South Florida Real Estate Represents Buyer In Sale Of Miami Single Family Home For $7.69M
4301 Gate Lane
See Similar DealsSingle Family Residence4,000 SF
Sold 12/08/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,922
Total Square Footage:4,000 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 4301 Gate Lane in the Miami market. The sale concluded with a transaction price of $7,690,000, encompassing a total square footage of 4,000, which translates to a price per square foot of $1,922.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,690,000
- Square Footage: 4,000
- Price per Square Foot: $1,922
- Address: 4301 Gate Lane
- Market: Miami
- Buyer's Representative: Joel Lusky - The Brokerage South Florida Real Estate
- Seller's Representatives: Sylvia Chamorro & Alison Parker - Douglas Elliman
This transaction involved key representatives including Joel Lusky, who represented the buyer, and the seller's representatives, Sylvia Chamorro and Alison Parker, both affiliated with Douglas Elliman, who facilitated the sale on behalf of the sellers.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$410,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,320.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,454.52
Annual Debt Service$437,454.28
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