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442 Palm Drive

Javier Torrens And Maria T. Diz Acquire Single Family Home At 442 Palm Drive For $3.9M
SOLDSingle Family Residence

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

Alexander Pinero

Broker

$30.7M

vol

8 deals

Broker

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