Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,200,000
$285/SF
Single Family Residence
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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