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4701 Lake Road, Miami, FL, USA

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

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

4701 Lake Road, Miami, FL, USA

$9,000,000

$1,983/SF

Building Size

4,538 SF

Asset Type

Single Family Residence

Closing

May 17, 2020

AI

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

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker

Miami 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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93