Jeremy & Pauline Gelber Acquire Pinecrest SFR From Seller Samir Moussa For $8.9M
6540 Southwest 123rd Street, Miami, Florida 33156, United States
$8,900,000
$1,004/SF
Building Size
8,863 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2022
AI
A single-family home located at 6540 SW 123rd St in Pinecrest has been sold for $8,900,000. With a total square footage of 8,863, the price per square foot for this property comes out to be $1,004. The transaction took place on March 17, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,900,000
- Address: 6540 SW 123rd St
- Market: Pinecrest
The buyer of this property is Jeremy and Pauline Gelber, while the seller is Samir Moussa. Adam Prince from All Prime Realty, Inc. served as the buyer's representative in this deal. On the other hand, Hilda Jacobson and Russell Jacobson, along with Douglas Elliman, represented the seller.
Players
Pinecrest 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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93