Updated May 12, 2026
Scott Lamb Purchases Single Family Home In Palmetto Bay For $2,200,000 With Broker Andres Morales
7861 Southwest 181st Terrace
$2,200,000
$657/SF
Building Size
3,347 SF
Asset Type
Single Family Residence
Closing
Mar 26, 2026
About this deal
AI
The property involved in this transaction is a single family asset located at 7861 Southwest 181st Terrace in the Palmetto Bay market. This particular property was sold for a price of $2,200,000 and has a living area of approximately 3,347 square feet, translating to a price per square foot of $657.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,200,000
- Address: 7861 Southwest 181st Terrace
- Market: Palmetto Bay
- Square Footage: 3,347
- Price Per Square Foot: $657
- Buyer: Scott Lamb
- Seller: JH Insurance Group
- Buyer's Representative: Andres Morales - Coldwell Banker
This transaction highlights the involvement of Scott Lamb as the buyer and JH Insurance Group as the seller, with Andres Morales of Coldwell Banker representing the buyer in this deal.
Players
Palmetto Bay Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $657 per square foot on a published $2.2M for 3,347 square feet (2026).
Visit Andres Morales to view all their deals.
Browse Palmetto Bay single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93