Duek & Lara Group Acquires SFR In Key Biscayne For $4.5M
545 Hampton Lane, Key Biscayne, Florida 33149, United States
$4,500,000
$1,001/SF
Building Size
4,493 SF
Asset Type
Single Family Residence
Closing
Jul 13, 2021
AI
A single-family home located at 545 Hampton Lane in Key Biscayne has recently been sold for a total price of $4,500,000. This property spans over 4,493 square feet, resulting in a price per square foot of $1,002. The transaction took place on July 14, 2021. The sale was facilitated by Andre Duek and Carolina Lara, representatives from Duek & Lara Group at ONE Sotheby's International Realty.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $4,500,000
- Address: 545 Hampton Lane, Key Biscayne
- Market: Key Biscayne
The transaction involved the expertise and assistance of Andre Duek and Carolina Lara, brokers from the Duek & Lara Group at ONE Sotheby's International Realty. Their extensive knowledge of the Key Biscayne market likely contributed to the successful sale of this property.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93