Updated Dec 21, 2023
Ocean Sotheby’s International Realty Acquires Single-Family Property In Islamorada For $8.8M
Islamorada, Florida, United States
$8,800,000
$1,273/SF
Building Size
6,913 SF
Asset Type
Single Family Residence
Closing
Apr 11, 2022
About this deal
AI
Located in Islamorada, this single-family property was recently sold for $8,800,000. Spanning 6,913 square feet, the property offers ample space for comfortable living. The buyer's representatives, Sarah Ewald and Sabrina Wampler from Ocean Sotheby’s International Realty, facilitated the transaction, while the seller's representative, Alex Pinero from Pine River Realty, represented the seller.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $8,800,000
- Market: Islamorada
- Square Footage: 6,913
- Buyer's Representative: Sarah Ewald & Sabrina Wampler - Ocean Sotheby’s International Realty
- Seller's Representative: Alex Pinero - Pine River Realty
With Sarah Ewald, Sabrina Wampler, and Alex Pinero at the helm, this successful transaction showcases the expertise and professionalism of Ocean Sotheby’s International Realty and Pine River Realty. Their commitment to excellence ensured a smooth and satisfactory experience for both the buyer and seller.
Players
Islamorada 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
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93