Updated Dec 19, 2023
Liz Hogan & Angel Nicolas Facilitate $8.6M Sale Of Single Family Home In Miami
8750 Ponce De Leon Road, Miami, FL, USA
$8,600,000
$855/SF
Building Size
10,050 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2021
About this deal
AI
The property at 8750 Ponce De Leon Road in Miami has been sold in a closed transaction. The single-family home, spanning 10,050 square feet, is situated on 1.44 acres of land. The property was listed with Liz Hogan from Listing Miami, while Angel Nicolas represented the buyer.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,600,000
- Asking Price: $8,900,000
- Price per Square Foot: $856
- Acres: 1.44
- Price per Acre: $5,972,222
This deal closed on April 1, 2021, with the property being sold for $8,600,000. The buyer was represented by Angel Nicolas, while Liz Hogan from Listing Miami represented the seller.
Players
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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93