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
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