Betty Duarte Of RE/MAX 360 Real Estate Executes SFR Sale On Myrtlewood Ln In Key Biscayne
715 Myrtlewood Lane, Key Biscayne, Florida 33149, United States
$2,150,000
$1,244/SF
Building Size
1,728 SF
Asset Type
Single Family Residence
Closing
Apr 7, 2022
AI
A single-family home located at 715 Myrtlewood Ln in Key Biscayne has been sold. The property was listed by Betty Duarte from RE/MAX 360 Real Estate. The asking price for the home was $1,850,000, and it was ultimately sold for $2,150,000. The home has a total square footage of 1,728, resulting in a price per square foot of $1,244.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $2,150,000
- Address: 715 Myrtlewood Ln, Key Biscayne
- Market: Key Biscayne
- Broker: Betty Duarte, RE/MAX 360 Real Estate
Betty Duarte, from RE/MAX 360 Real Estate, represented the seller in this transaction. The deal was closed on 04/08/2022, with a sale price of $2,150,000. The property offers a total of 1,728 square feet of living space. This successful sale highlights the desirability of Key Biscayne's real estate market.
Players
Key Biscayne 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93