Andrew Carton - Mobile Nations Acquires Land (SFR) In Key Biscayne For $5.25M
571 N Mashta Dr, Key Biscayne, FL 33149, USA
$5,250,000
$345/SF
Building Size
15,200 SF
Asset Type
Single Family Residence
Closing
Jan 6, 2020
AI
A land (SFR) located at 571 North Mashta Drive in Key Biscayne has been sold for $5,250,000. The property has a building square footage of 15,200, resulting in a price per square foot of $345.
Summary of transaction details
- Property Type: Land (SFR)
- Transaction Amount: $5,250,000
- Address: 571 North Mashta Drive, Key Biscayne
- Market: Key Biscayne
Andrew Carton from Mobile Nations has purchased the property from Pugla Investments LLC, represented by Fernando J. Lopez. The buyer was assisted by Cecilia Sanchez from Great Properties International LLC, while Ricardo Querejeta from Sea Grove Realty represented the seller.
Players
Key Biscayne 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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93