Updated Dec 21, 2023
Luxury Key Biscayne SFR Sold For $11M By Dora Puig - Luxe Living Miami
501 North Mashta Drive, Key Biscayne, Florida 33149, United States
$11,000,000
$1,238/SF
Building Size
8,883 SF
Asset Type
Single Family Residence
Closing
May 24, 2022
About this deal
AI
A single-family residence located at 501 N Mashta Drive in Key Biscayne has been sold. The transaction took place on 05/25/2022 and was handled by broker Dora Puig from Luxe Living Miami. The property was sold for a total price of $11,000,000, with a total area of 6,672 square feet. The price per square foot was $1,649.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $11,000,000
- Address: 501 N Mashta Drive
- Market: Key Biscayne
- Broker: Dora Puig - Luxe Living Miami
- Size: 6,672 square feet
- Price per Square Foot: $1,649
Dora Puig from Luxe Living Miami represented the seller and facilitated the transaction.
Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $11M for 8,883 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93