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6520 SW 94th St, Miami, FL ...

Updated Dec 20, 2023

Francisco Paz Acquires Pinecrest SFR For $6M With Seller's Rep Michael Martinez - One Sotheby's International Realty
SOLDSingle Family Residence

Francisco Paz Acquires Pinecrest SFR For $6M With Seller's Rep Michael Martinez - One Sotheby's International Realty

6520 SW 94th St, Miami, FL 33156, USA

$6,000,000

$495/SF

Building Size

12,102 SF

Asset Type

Single Family Residence

Closing

Sep 22, 2020

About this deal

AI

The property involved in the transaction is a Single Family Residence (SFR) located at 6520 SW 94th Street in Pinecrest. The sale took place on September 23, 2020. The property spans 12,102 square feet and was sold for a price of $6,000,000, resulting in a price per square foot of $591.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $6,000,000
  • Address: 6520 SW 94th Street
  • Market: Pinecrest

Francisco Paz from Paz Realty, LLC represented the buyer in this transaction. Michael Martinez from One Sotheby's International Realty acted as the seller's representative. These individuals played crucial roles in facilitating the deal, ensuring a successful transaction between the buyer and seller.

Players

Michael Martinez

Sotheby's International Realty

Broker

$143.3M

vol

19 deals

Broker

Pinecrest Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Francisco Paz bought a home in Pinecrest for $6M in 2020. The full closing is on this page.

About $495 per square foot on a published $6M for 12,102 square feet (2020).

Visit Michael Martinez to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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