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8945 Sw 158 St

The Canero Group Acquires Palmetto Bay SFR For $1.2M
SOLDSingle Family Residence

The Canero Group Acquires Palmetto Bay SFR For $1.2M

8945 Sw 158 St

$1,200,000

$285/SF

Building Size

4,197 SF

Asset Type

Single Family Residence

Closing

Feb 16, 2023

AI

The property involved in this closed transaction is a Single Family Residence (SFR) located at 8945 SW 158 St in Palmetto Bay. The property has a total area of 4,197 square feet and was sold for a price of $1,200,000, resulting in a price per square foot (PPSF) of $286.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,200,000

The sellers of the property were Carlos & Cecilia Navarro. Representing the buyers was Maria Patty Bolanos from The Canero Group. The seller was represented by Sarai Granda from Red House Realty, LLC.

Players

Maria Patty Bolanos

The Canero Group

Broker

$68M

vol

5 deals

Broker

Market 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93