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
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