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7866 Southwest 188th Street...

Janeth Turcios Acquires Cutler Bay SFR For $1.15M With Buyer's Rep Christian Gornail - LUXE Properties
SOLDSingle Family Residence

Janeth Turcios Acquires Cutler Bay SFR For $1.15M With Buyer's Rep Christian Gornail - LUXE Properties

7866 Southwest 188th Street, Cutler Bay, Florida 33157, United States

$1,150,000

$296/SF

Building Size

3,875 SF

Asset Type

Single Family Residence

Closing

Jan 9, 2022

AI

A single-family home located at 7866 SW 188 St in Cutler Bay was recently sold for $1,150,000. The property spans 3,875 square feet and has a price per square foot of $297. The sale took place on January 10, 2022, and was facilitated by Christian Gornail of LUXE Properties, who represented the buyer, Janeth Turcios. The seller in this transaction was Sharon Witmer Kurtz & Sharon Witmer Kurtz Revocable.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,150,000
  • Address: 7866 SW 188 St
  • Market: Cutler Bay
  • Square Footage: 3,875
  • Price per Square Foot: $297

This successful sale demonstrates the expertise of Christian Gornail from LUXE Properties, who represented the buyer, Janeth Turcios. The involvement of a knowledgeable and experienced real estate representative can greatly contribute to a smooth and satisfactory transaction. The seller, Sharon Witmer Kurtz & Sharon Witmer Kurtz Revocable, can now benefit from the successful sale of their property in Cutler Bay.

Players

Christian Gornail

Luxe Properties

Broker

$6.8M

vol

2 deals

Broker

Cutler 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93