Updated Oct 28, 2024
Grupo Centec Sells Key Biscayne Single Family Home To Buyer's Rep Julieta Casanas Pitte For $17.4M
500 South Mashta Drive, Key Biscayne, FL, USA
$17,400,000
$1,608/SF
Building Size
10,820 SF
Asset Type
Single Family Residence
Closing
Apr 12, 2021
About this deal
AI
The single-family property located at 500 South Mashta Drive in Key Biscayne has been sold for a price of $17,400,000. The property boasts a spacious 10,820 square feet and is valued at an impressive $1,608 per square foot.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $17,400,000
- Address: 500 South Mashta Drive, Key Biscayne
- Market: Key Biscayne
The seller of the property was Alan Viergutz, represented by Grupo Centec. On the buyer's side, Julieta Casanas Pitte from Cervera Real Estate acted as the buyer's representative. The seller was represented by Lucia Marin from One Sotheby’s International Realty.
Note: No additional information is available about the property or the transaction.Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $17.4M for 10,820 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93