Javier Torrens And Maria T. Diz Acquire Single Family Home At 442 Palm Drive For $3.9M
442 Palm Drive
$3,900,000
$1,895/SF
Building Size
2,058 SF
Asset Type
Single Family Residence
Closing
Sep 15, 2025
AI
The property asset involved in the transaction is located at 442 Palm Drive in Islamorada. It is classified as a single-family home with a sale price of $3,900,000. The property encompasses a total square footage of 2,058, translating to a price per square foot of $1,895.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,900,000
- Square Footage: 2,058
- Price Per Square Foot: $1,895
- Buyer: Javier Torrens & Maria T. Diz
- Buyer’s Representative: Alexander Pinero & Dominic Rivera - Pine River Realty
- Market: Islamorada
Alexander Pinero and Dominic Rivera of Pine River Realty represented the buyers in this transaction. Notably, the property sold for land value and is expected to be developed into a bay front estate. Pine River Realty has achieved recognition for holding the three highest sales in Safety Harbor.
Players
Islamorada Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93