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4701 Southwest 74th Street,...

Xing Yuan & Julia Ju Acquire Miami SFR From Cristina & Gonzalo Marquez
SOLDSingle Family Residence

Xing Yuan & Julia Ju Acquire Miami SFR From Cristina & Gonzalo Marquez

4701 Southwest 74th Street, Miami, FL, USA

$4,425,000

$761/SF

Building Size

5,810 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2021

AI

A single-family home located at 4701 SW 74th St in Miami has been sold. The property, measuring 5,810 square feet, was purchased by Xing Yuan and Julia Ju. The sellers of the home were Cristina and Gonzalo Marquez. The transaction was facilitated by Jackson Keddell of Douglas Elliman, who represented the buyers, and Cristina Marquez of Miami Riches, who represented the sellers. The sale price for the property was $4,425,000, resulting in a price per square foot of $762. The lot size of the property is 13,156 square feet.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $4,425,000
  • Address: 4701 SW 74th St, Miami
  • Market: Miami
  • Buyer: Xing Yuan & Julia Ju
  • Seller: Cristina & Gonzalo Marquez
  • Buyer's Rep: Jackson Keddell - Douglas Elliman
  • Seller's Rep: Cristina Marquez - Miami Riches
  • Square Footage: 5,810
  • Price per Square Foot: $762
  • Lot Size: 13,156 square feet

The buyers, Xing Yuan and Julia Ju, successfully acquired the property at 4701 SW 74th St in Miami. Their representative in the deal was Jackson Keddell from Douglas Elliman. On the other side, Cristina Marquez from Miami Riches represented the sellers, Cristina and Gonzalo Marquez. The transaction was completed on April 30, 2021. This sale marks another successful real estate deal in Miami's market.

Players

Jackson Keddell

Douglas Elliman

Broker

$99.5M

vol

16 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

3.58%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93