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Bay Point, Miami SFR Sold For $9M With Dora Puig, Julianna Castro, Sandra Chartouni

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SOLD
$9,000,000

Florida

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Single Family Residence4,538 SF
Sold 05/17/2020
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SOLD

Bay Point, Miami SFR Sold For $9M With Dora Puig, Julianna Castro, Sandra Chartouni

4701 Lake Road, Miami, FL, USA

See Similar Deals
Single Family Residence4,538 SF
Sold 05/17/2020
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,983
Total Square Footage:4,538 SF
Transaction Type:Sale

A single-family home located at 4701 Lake Road in Bay Point, Miami recently changed hands in a closed property transaction. The property covers a substantial lot size of 30,648 square feet. The sale price for this impressive residence was $9,000,000, resulting in a price per square foot of $1,983. The total interior space of the house measures approximately 4,538 square feet. The transaction took place on May 17, 2021.

Summary of Transaction Details:

  • Property Type: Single-Family Home (SFR)
  • Transaction Amount: $9,000,000
  • Market: Bay Point, Miami
  • Address: 4701 Lake Road
  • Lot Size: 30,648 square feet

The deal was facilitated by a team of brokers consisting of Dora Puig, Julianna Castro, and Sandra Chartouni. They played instrumental roles in ensuring the successful completion of the transaction. Their expertise and dedication contributed to the seamless execution of the deal. Puig, Castro, and Chartouni represented the respective parties involved in the sale of the property.

Players

Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER

Sandra Chartouni
Fortune International Realty
2 deals$18.1M volume
BROKER

Julianna Castro
Compass
15 deals$96.1M volume(305) 978-0977
BROKER

Details

SOLD
IMAGE: Sandra Chartouni, Julianna Castro & Dora Puig DATE: 05/17/2021 ADDRESS: 4701 Lake Road MARKET: Bay Point, Miami ASSET TYPE: SFR BROKERS: Dora Puig, Julianna Castro, Sandra Chartouni SALE PRICE: $9,000,000 SF: 4,538 ~ PPSF: $1,983 LOT SIZE: 30,648

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10