Compass And Fort Realty Represented Buyer In $11.1M SFR Sale On Buttonwood Lane Miami
SOLD
$11,100,000
+ 1
Florida
See Similar DealsSingle Family Residence4,835 SF
Sold 07/06/2023
SOLD
Compass And Fort Realty Represented Buyer In $11.1M SFR Sale On Buttonwood Lane Miami
721 Buttonwood Ln Miami, FL 33137, USA
See Similar DealsSingle Family Residence4,835 SF
Sold 07/06/2023
+ 1
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,295
Total Square Footage:4,835 SF
Transaction Type:Sale
An SFR located at 721 Buttonwood Lane in Miami recently sold for $11,100,000. The property spans 4,835 square feet, resulting in a price per square foot of $2,296. The transaction took place on 07/06/2023.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $11,100,000
- Address: 721 Buttonwood Lane
- Market: Miami
- SF: 4,835
- PPSF: $2,296
- Buyer's Rep: Eli Faitelson - Compass; Ximena Penuela - Fort Realty
- Seller's Rep: Reid Heidenry & Marko Gojanovic - Sotheby's International Realty
Eli Faitelson from Compass and Ximena Penuela from Fort Realty represented the buyer in the transaction. On the seller's side, Reid Heidenry and Marko Gojanovic from Sotheby's International Realty served as the seller's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$592,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,435.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,619.66
Annual Debt Service$631,435.96
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