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John M. Homick Purchases Islamorada SFR For $3.55M With Buyer's Rep Pine River Realty

Property Image
SOLD
$3,550,000

Florida

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Single Family Residence4,293 SF
Sold 07/07/2023
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Property Image
SOLD

John M. Homick Purchases Islamorada SFR For $3.55M With Buyer's Rep Pine River Realty

75018 Overseas Hwy Islamorada, FL 33036, USA

See Similar Deals
Single Family Residence4,293 SF
Sold 07/07/2023
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$826
Total Square Footage:4,293 SF
Transaction Type:Sale

A single-family property located at 75018 Overseas Highway in Islamorada has been sold for a price of $3,550,000. The property spans across 4,293 square feet with a price per square foot of $827. The transaction took place on July 7, 2023, with the buyer being John M. Homick and the seller being Bonnie Callahan.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,550,000
  • Market: Islamorada
  • Square Footage: 4,293
  • Price per Square Foot: $827

Dominic Rivera & Alexander Pinero from Pine River Realty represented the buyer, John M. Homick, in this transaction. The buyer's representatives played a crucial role in negotiating the deal and ensuring a successful outcome.

Players

8 deals$30.7M volume
BROKER

Dominic Rivera
9 deals$31M volume
BROKER

Details

SOLD
IMAGE: Dominic Rivera & Alexander Pinero DATE: 07/07/2023 ADDRESS: 75018 Overseas Highway MARKET: Islamorada ASSET TYPE: SFR BUYER: John M. Homick SELLER: Bonnie Callahan BUYER'S REP: Dominic Rivera & Alexander Pinero - Pine River Realty (@Pineriverrealty) SALE PRICE: $3,550,000 SF: 4,293 ~ PPSF: $827

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
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