Updated Nov 6, 2024
Single Family Home At 650 Lugo Ave Sold For $11.6M In Miami, FL
650 Lugo Avenue, Miami, Florida 33156, United States
$11,600,000
$1,054,545/SF
Building Size
11 SF
Asset Type
Single Family Residence
Closing
Nov 23, 2022
About this deal
AI
The property asset involved in the transaction is a single-family home located at 650 Lugo Ave in Miami, FL. It was sold for $11,600,000, encompassing a total of 11,744 square feet, which translates to a price per square foot of $987.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,600,000
- Square Footage: 11,744
- Price Per Square Foot: $987
- Market: Miami, FL
- Sale Date: 11/23/2022
The transaction was completed with key individuals involved in the deal. The details related to the brokers representing the buyer and seller have not been specified in the provided context.
On the Map
$11,600,000
$1,054,545/SF
Single Family Residence
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Coral Gables 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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93