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$15M Southwest Ranches Single Family Sale At 4801 Akai Dr With Alex Miranda & Joe Padula Representing Buyer - The Alex & Joe Team, And Bento Queiroz Representing Seller - Compass

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SOLD
$15,000,000

Florida

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Single Family Residence15,983 SF
Sold 08/25/2022
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Property Image
SOLD

$15M Southwest Ranches Single Family Sale At 4801 Akai Dr With Alex Miranda & Joe Padula Representing Buyer - The Alex & Joe Team, And Bento Queiroz Representing Seller - Compass

4801 Akai Dr, Southwest Ranches, Florida 33332, United States

See Similar Deals
Single Family Residence15,983 SF
Sold 08/25/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$938
Total Square Footage:15,983 SF
Transaction Type:Sale

The single-family property located at 4801 Akai Dr in Southwest Ranches has been sold for a price of $15,000,000. The transaction took place on 08/25/2022, and the property measures 15,983 square feet, resulting in a price per square foot of $938. The sale was facilitated by the seller's representative, Bento Queiroz from Compass, and the buyer's representatives were Alex Miranda and Joe Padula from The Alex & Joe Team at Compass.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,000,000
  • Address: 4801 Akai Dr
  • Market: Southwest Ranches
  • Square Footage: 15,983
  • Price per Square Foot: $938
  • Seller: Alex Yokana, Jairo Vela, Amos & Michael Sochaczevski
  • Seller's Representative: Bento Queiroz - Compass
  • Buyer's Representatives: Alex Miranda and Joe Padula - The Alex & Joe Team - Compass

The transaction involved notable individuals and companies such as Alex Miranda, Joe Padula, and the team at Compass. It represents a significant deal in the Southwest Ranches market, further showcasing the strong property market in this area.

Players

Bento Queiroz
8 deals$75.9M volume
BROKER

Joseph (Joe) Padula
Compass
3 deals$37.6M volume
BROKER

Alex Miranda
Compass
4 deals$39.3M volume
BROKER

Details

SOLD
IMAGE: Joe Padula, Bento Queiroz & Alex Miranda DATE: 08/25/2022 ADDRESS: 4801 Akai Dr MARKET: Southwest Ranches ASSET TYPE: Single Family SELLER: Alex Yokana, Jairo Vela, Amos & Michael Sochaczevski BUYER'S REP: Alex Miranda (@AlexMirandaFl) & Joe Padula (@AlexandJoeTeam) - The Alex & Joe Team - Compass SELLER'S REP: Bento Queiroz (@BentoQueirozGroup) - Compass (@Compass) (@CompassFl) SALE PRICE: $15,000,000 SF: 15,983 ~ PPSF: $938

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

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83