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311 Southwest 21st Road

Jac Collinsworth Acquires Single Family Home From Ian Manuel In Miami
SOLDSingle Family

Jac Collinsworth Acquires Single Family Home From Ian Manuel In Miami

311 Southwest 21st Road

$2,300,000

$1,086/SF

Building Size

2,117 SF

Asset Type

Single Family

Closing

May 21, 2024

AI

The single-family property located at 311 Southwest 21st Road in Miami was sold for $2,300,000. The transaction involved a total area of 2,117 square feet, resulting in a price per square foot of $1,086.

Summary of transaction details:

The deal was facilitated by Gatien Salaun from Coldwell Banker, representing the buyer, Jac Collinsworth, while Anthony Rabasa from Boschetti Realty Group represented the seller, Ian Manuel.

Players

Gatien Salaun⁠

Coldwell Banker

Broker

$12.5M

vol

3 deals

Broker

Miami 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93