Adolfo Navas Acquires Miami SFR From Michael Rodriguez & Elizabeth Rodriguez For $5M
9881 Southwest 68th Street, Miami, Florida 33173, United States
$5,000,000
$752/SF
Building Size
6,649 SF
Asset Type
Single Family Residence
Closing
Jul 17, 2022
AI
Annette Balestra, a real estate professional from Luxe Properties, represented Adolfo Navas in the purchase of a single-family home located at 9881 SW 68th St in Miami. The property, with a total area of 6,649 square feet, was sold by Michael and Elizabeth Rodriguez. The transaction took place on July 18, 2022, for a sale price of $5,000,000, resulting in a price per square foot of $752.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $5,000,000
- Address: 9881 SW 68th St, Miami
- Market: Miami
- Asset Type: Single-Family Home
This transaction was facilitated by Annette Balestra from Luxe Properties, who represented Adolfo Navas in the purchase. She played a pivotal role in ensuring a successful deal between the parties involved.
Players
Miami 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93