Marcela Brandariz Sells Single Family Home At 610 Sabal Palm Road For $14M With Daniel N Glynn And Sylvia Chamorro As Reps
610 Sabal Palm Road
$14,000,000
$3,942/SF
Building Size
3,551 SF
Asset Type
Single Family Residence
Closing
Feb 28, 2025
AI
The property involved in this transaction is a single-family home located at 610 Sabal Palm Road in the Miami market. The asset spans a square footage of 3,551 and was sold for a total price of $14,000,000, resulting in a price per square foot of $3,942.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,000,000
- Address: 610 Sabal Palm Road
- Market: Miami
- Square Footage: 3,551
- Price per Square Foot: $3,942
- Seller: Marcela Brandariz
- Buyer’s Representative: Sylvia Chamorro - Douglas Elliman
- Seller’s Representative: Daniel N. Glynn - Elite Ocean View Realty
The key individuals involved in this transaction include Marcela Brandariz, who acted as the seller, and the buyer was represented by Sylvia Chamorro from Douglas Elliman. Daniel N. Glynn from Elite Ocean View Realty represented the seller in this deal.
Players
Miami 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93