Karim Georges Acquires Palmetto Bay SFR For $1.2M With Lifestyle International Realty's Reps
8300 Southwest 150th Drive, Palmetto Bay, Florida 33158, United States
$1,200,000
$528/SF
Building Size
2,270 SF
Asset Type
Single Family Residence
Closing
Jun 13, 2022
AI
The property involved in this closed transaction is a single-family residential (SFR) located at 8300 SW 150th Dr in Palmetto Bay. The sale took place on June 14, 2022.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $1,200,000
- Address: 8300 SW 150th Dr
- Market: Palmetto Bay
The buyer of the property was Karim Georges, while Juan C Abelairas and Tamara Abelairas served as the sellers. The brokers involved in the deal were George Canciobello, Richard Mendez, and Bernardo Davila from Lifestyle International Realty.
The property spans across 2,270 square feet, resulting in a price per square foot (PPSF) of $529.
Players
Palmetto 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93