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641 Sabal Palm Road, Miami,...

Juliana Castro Of Compass Florida LLC Facilitates $4.75M Sale In Bay Point Estates
SOLDSingle Family Residence

Juliana Castro Of Compass Florida LLC Facilitates $4.75M Sale In Bay Point Estates

641 Sabal Palm Road, Miami, Florida 33137, United States

$4,750,000

$1,116/SF

Building Size

4,256 SF

Asset Type

Single Family Residence

Closing

Jun 16, 2022

AI

A gorgeous single-family home located at 641 Sabal Palm Rd in Bay Point Estates, Miami, was recently sold. The property, spanning 4,256 square feet, was sold by Thomas Morgan with the assistance of Julianna Castro from Compass Florida LLC. The sale price was $4,750,000, below the initial asking price of $5,300,000, at a price per square foot of $1,116.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,750,000
  • Address: 641 Sabal Palm Rd
  • Market: Bay Point Estates, Miami

Julianna Castro from Compass Florida LLC represented both the buyer and seller in this real estate transaction, showcasing her expertise and effectiveness in facilitating successful deals within the Miami market.

Players

Julianna Castro

Compass

Broker

$96.1M

vol

15 deals

Broker

Thomas Morgan

Seller

$18.3M

vol

2 deals

Seller

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

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93