Updated Dec 4, 2024
Javier Fernandez Buys Single Family Home In Palmetto Bay For $3.5M
7300 Southwest 173rd Street
$3,500,000
$705/SF
Building Size
4,958 SF
Asset Type
Single Family
Closing
Mar 13, 2024
About this deal
AI
The single-family property located at 7300 Southwest 173rd Street in Palmetto Bay was recently sold in a transaction between Javier Fernandez, the buyer, and Andres Stefano, the seller. The property spans 4,958 square feet and was sold for $3,500,000, reflecting a price per square foot of $706.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Buyer: Javier Fernandez
- Seller: Andres Stefano
- Buyer's Rep: Aileen Garciga & Jason Theriot - Keller WilliamsPremier Properties
- Asking Price: $4,200,000
- Market: Palmetto Bay
Javier Fernandez was represented by Aileen Garciga and Jason Theriot from Keller Williams Premier Properties in this property transaction. The deal involved an asking price of $4,200,000, eventually closing at $3,500,000.
Players
Palmetto Bay Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $705 per square foot on a published $3.5M for 4,958 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93