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545 Hampton Lane, Key Bisca...

Duek & Lara Group Acquires SFR In Key Biscayne For $4.5M
SOLDSingle Family Residence

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

Andre Duek

Sotheby's International Realty

Broker

$27.6M

vol

3 deals

Broker

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