Updated Jul 9, 2024
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
About this deal
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.
On the Map
$4,750,000
$1,116/SF
Single Family Residence
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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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93