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6754 SW 139th St Palmetto B...

Mr Rodriguez Acquires Palmetto Bay SFR From Andrew S. Connell For $2.35M
SOLDSingle Family Residence

Mr Rodriguez Acquires Palmetto Bay SFR From Andrew S. Connell For $2.35M

6754 SW 139th St Palmetto Bay, FL 33158, USA

$2,350,000

$508/SF

Building Size

4,623 SF

Asset Type

Single Family Residence

Closing

Jun 15, 2023

AI

A single-family residential property located at 6754 Southwest 139th Street in Palmetto Bay has been sold. The property spans 4,623 square feet and was sold for a price of $2,350,000, resulting in a price per square foot of $508. The seller, Andrew S. Connell, and the buyer, Mr. Rodriguez, completed the transaction with the assistance of Gabriela Burke from Lyst Realty Group.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $2,350,000
  • Square Footage: 4,623
  • Price per Square Foot: $508
  • Market: Palmetto Bay

Gabriela Burke, representing Lyst Realty Group, facilitated the sale of the property between Andrew S. Connell and Mr. Rodriguez. The transaction showcases the active real estate market in Palmetto Bay and demonstrates the willingness of buyers to invest in single-family residential properties in this area.

Players

Gabriela Burke

Broker

$10.2M

vol

4 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93