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11812 Via Salerno Way

Rafael Devers Buys Mansion In Miromar Lakes For $4.6M
SOLDSingle Family

Rafael Devers Buys Mansion In Miromar Lakes For $4.6M

11812 Via Salerno Way

$4,600,000

$902/SF

Building Size

5,100 SF

Asset Type

Single Family

Closing

Jun 10, 2024

AI

The property involved in the transaction is a Single Family home located at 11812 Via Salerno Way in Miromar Lakes, FL. The six-bedroom, seven-bathroom mansion spans 5,100 square feet and was purchased by Boston Red Sox star Rafael Devers for $4.6 million. The home, built in 2014 by Harbourside Custom Homes, boasts a gourmet kitchen, formal dining areas, a spacious living room with coffered ceilings, and a backyard featuring a covered pool, spa, and boat dock.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,600,000
  • Address: 11812 Via Salerno Way
  • Market: Miromar Lakes
  • Acres: 0.45
  • Square Footage: 5,100
  • Price per Square Foot: $902

Rafael Devers enlisted the services of Jennifer Springer Rinden from Orchid Realty International as his broker in the acquisition of the luxurious property. Devers, a key player for the Boston Red Sox since 2017, made a significant investment in the stunning mansion, showcasing a keen interest in premium real estate.

Players

Jennifer Springer Rinden

Orchid Realty International

Broker

$4.6M

vol

1 deal

Broker

Miromar Lakes Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93