Updated Dec 19, 2023
Thomas Moorehead Acquires Pinecrest Single Family From Maria Helena & Mario Longhi
9121 Southwest 62nd Court, Pinecrest, FL, USA
$9,800,000
$985/SF
Building Size
9,949 SF
Asset Type
Single Family Residence
Closing
Apr 27, 2021
About this deal
AI
The single-family property located at 9121 Southwest 62nd Court in Pinecrest has been sold in a recent transaction. The property spans approximately 9,949 square feet and was sold for a price of $9,800,000, resulting in a price per square foot of $985.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,800,000
- Address: 9121 Southwest 62nd Court
- Market: Pinecrest
The buyer of the property is Thomas Moorehead, while Maria Helena and Mario Longhi acted as the sellers. Representing the buyer was Johnetta Shearer from Beachfront Realty, and Elena Bluntzer from One Sotheby’s International Realty represented the sellers in the transaction.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $985 per square foot on a published $9.8M for 9,949 square feet (2021).
Visit Elena Bluntzer to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93