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610 Sabal Palm Road

Marcela Brandariz Sells Single Family Home At 610 Sabal Palm Road For $14M With Daniel N Glynn And Sylvia Chamorro As Reps
SOLDSingle Family Residence

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

Sylvia Chamorro

Douglas Elliman

Broker

$72.8M

vol

6 deals

Broker

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