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.
Cutler Bay Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
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