Updated Sep 5, 2024
Mark Llorente Acquires SFR In Miami From Alan Dourado For $1.75M
9971 SW 124th Terrace Miami, FL 33176, USA
$1,750,000
$390/SF
Building Size
4,479 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2023
About this deal
AI
Located at 9971 Southwest 124th Terrace in Miami, this single-family residence (SFR) was recently sold in a transaction that closed on April 28, 2023. The property spans 4,479 square feet, offering ample space for comfortable living. The sale price for this SFR was set at $1,750,000, resulting in a price per square foot (PPSF) of $391.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,750,000
- Square Footage: 4,479
- Price per Square Foot: $391
- Address: 9971 Southwest 124th Terrace, Miami
The buyer of this property is Mark Llorente, who successfully closed the deal with the seller, Alan Dourado. Representing the seller's side in this transaction were Ana Gonzalez and Lesley Martinez from Luxe Properties, providing their expert guidance throughout the process.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $390 per square foot on a published $1.8M for 4,479 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93