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741 Buttonwood Lane

Elle & Meyers Leonard Sell Bay Point Single Family Home For $11M
SOLDSingle Family Residence

Elle & Meyers Leonard Sell Bay Point Single Family Home For $11M

741 Buttonwood Lane

$11,000,000

$1,613/SF

Building Size

6,819 SF

Asset Type

Single Family Residence

Closing

Dec 20, 2021

AI

A single-family property located at 741 Buttonwood Lane in Bay Point, Miami has been sold in a closed transaction. The property sits on 0.4 acres of land and offers a total of 6,819 square feet of living space.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,000,000
  • Address: 741 Buttonwood Lane, Bay Point, Miami
  • Market: Bay Point, Miami
  • Square Footage: 6,819
  • Price per Square Foot: $1,613

The sellers of the property are Elle and Meyers Leonard. The buyer's representative in the deal is Eli Faitelson from the Chad Carroll Group at Compass. On the other side, Tomi Rose from Douglas Elliman acted as the seller's representative.

Players

Tomi Rose

Aston Rose

Broker

$47M

vol

7 deals

Broker
Compass
CompassBrokerage

Meyers Leonard

Seller

$22M

vol

2 deals

Seller

Miami 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93