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570 Sabal Palm Dr, Key Bisc...

Updated Oct 29, 2024

Ajda Petek & Carlos Gustavo Cabrera Gomez - A.C. Sports Acquires Single Family Home On Key Biscayne For $7M
SOLDSingle Family Residence

Ajda Petek & Carlos Gustavo Cabrera Gomez - A.C. Sports Acquires Single Family Home On Key Biscayne For $7M

570 Sabal Palm Dr, Key Biscayne, FL 33149, USA

$4,475,000

$87/SF

Building Size

50,960 SF

Asset Type

Single Family Residence

Closing

Aug 13, 2020

About this deal

AI

A single-family home located at 625 Curtiswood Drive in Key Biscayne has been sold for a price of $7,000,000. The property spans 4,400 square feet and has a price per square foot of $1,591. The sale of this property was facilitated by Compass and One Sotheby’s International Realty.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $7,000,000
  • Address: 625 Curtiswood Drive
  • Market: Key Biscayne

The buyer in this transaction is Ajda Petek and Carlos Gustavo Cabrera Gomez, represented by A.C. Sports d.o.o. On the other hand, the sellers of the property are Illiana Memmen, represented by Compass, and Stephan Memmen, who represents Pulse Electronics.

Jennifer Santana from One Sotheby’s International Realty served as the buyer's representative in this deal. On the seller's side, Ale Alfonzo and Angel Nicolas, both from Compass, represented Illiana Memmen and Stephan Memmen, respectively.

Players

Irene Rojas

Broker

$4.5M

vol

1 deal

Broker

Key Biscayne Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $87 per square foot on a published $4.5M for 50,960 square feet (2020).

Visit Irene Rojas to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.54%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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