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
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