Updated Dec 21, 2023
Gabriel Cunha Acquires SFR In Pinecrest From Zuhair Ahmad For $2.3M
7711 Southwest 131st Street
$2,305,000
$657/SF
Building Size
3,505 SF
Asset Type
Single Family Residence
Closing
Apr 4, 2022
About this deal
AI
This is a single-family home located at 7711 SW 131st St in the Pinecrest market. The property was sold on the 4th of May, 2022 for a sale price of $2,305,000. It spans across 3,505 square feet, resulting in a price per square foot of $658. The buyer of the property is Gabriel Cunha, while the seller is Zuhair Ahmad. Barbara Estela from One Sothebys International Realty represented the seller in this transaction.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $2,305,000
- Date: 04/05/2022
- Address: 7711 SW 131st St
- Market: Pinecrest
- Buyer: Gabriel Cunha
- Seller: Zuhair Ahmad
- Seller's Representative: Barbara Estela - One Sothebys International Realty
- Property Size: 3,505 square feet
- Price per Square Foot: $658
It's worth noting that this home was previously sold less than 3 years ago for $1.1 million less than the current sale price. The Miami market has experienced significant growth, as evidenced by the more than double increase in the property's value.
On the Map
$2,305,000
$657/SF
Single Family Residence
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Pinecrest Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $657 per square foot on a published $2.3M for 3,505 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.88%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93