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7861 Southwest 181st Terrace

Scott Lamb Purchases Single Family Home In Palmetto Bay For $2,200,000 With Broker Andres Morales
SOLDSingle Family Residence

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

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

Andres Morales

Broker

$44.8M

vol

8 deals

Broker

Palmetto Bay 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93