Eduardo Belmont Anderson Acquires Key Biscayne Single Family Property For $14.6M
Key Biscayne, FL, USA
$14,600,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 13, 2021
AI
Eduardo Belmont Anderson purchased a single-family property in Key Biscayne for a total sale price of $14,600,000. The property spans 6,490 square feet, resulting in a price per square foot of $2,250. The transaction took place on August 13, 2021, and the seller of the property was Fernando Perez Hickman & Maria Del Carmen Escolar.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $14,600,000
- Market: Key Biscayne
- Square Footage: 6,490
- Price per Square Foot: $2,250
Eduardo Belmont Anderson, representing Belcorp, purchased the property from Fernando Perez Hickman & Maria Del Carmen Escolar. This transaction highlights the strong real estate activity in Key Biscayne and showcases Anderson's investment in the single-family market.
Players
Key Biscayne Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93