Sergio Busquets Acquires Waterfront Home In Sea Ranch Lakes For $8.7M
$8,700,000
$1,225/SF
Building Size
7,100 SF
Asset Type
Single Family Residence
Closing
Aug 21, 2023
AI
Sergio Busquets, the renowned football player of Inter Miami, has recently purchased a stunning waterfront home in Sea Ranch Lakes, Broward County. The property, located near the team's stadium, was sold for approximately $8.7 million and offers breathtaking lakefront views. This SFR property spans across 0.3 acres and boasts an impressive 7,100 square feet of living space.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $8,700,000
- Market: Sea Ranch Lakes
- Acres: 0.3
Elena Galera, alongside Sergio Busquets, successfully acquired the property from Renovation7 LLC, owned by Beth and David Geduld. Veroushka Volkert from Coldwell Banker represented Sergio Busquets in this transaction.
It is worth noting that the purchased property holds significance for Inter Miami, as it lies in close proximity to their stadium. Additionally, there have been rumors of Lionel Messi, Busquets' teammate, being spotted in the area.
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93