Updated Oct 28, 2024
Irina Ostrovskaia Maarek Acquires SFR In High Pines, Miami From Ray Velazquez & Carmen Padrosa Velazquez For $3.2M
5385 Southwest 76th Street, Miami, FL, USA
$3,200,000
$598/SF
Building Size
5,346 SF
Asset Type
Single Family Residence
Closing
Jul 21, 2020
About this deal
AI
A single-family residence located at 5385 SW 76 Street in High Pines, Miami has been sold. The property, with a size of 5,346 square feet, was listed for sale and purchased by Irina Ostrovskaia Maarek. The sellers of the property were Ray Velazquez and Carmen Padrosa Velazquez. The transaction was facilitated by Steve Freixas from RE/MAX - City Centre Realty.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $3,200,000
- Asking Price: $3,350,000
- Market: High Pines, Miami
- Image: Steve Freixas
- Date: 07/21/2021
The sale price of the property was $3,200,000, resulting in a price per square foot (PPSF) of $599.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $598 per square foot on a published $3.2M for 5,346 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93