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Elise Messing, Harvey Messing, and Ana Teresa Rodriguez Brokered a $15.95M Sale in Bay Point

Property Image
SOLD
$15,950,000

Florida

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Single Family7,285 SF
Sold 07/07/2024
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Property Image
SOLD

Elise Messing, Harvey Messing, and Ana Teresa Rodriguez Brokered a $15.95M Sale in Bay Point

761 Buttonwood Lane

See Similar Deals
Single Family7,285 SF
Sold 07/07/2024
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,189
Total Square Footage:7,285 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 761 Buttonwood Lane in Miami. The property has a total square footage of 7,285 and was sold for $15,950,000, which translates to a price per square foot of $2,189. The asking price for the home was $17,500,000.

Summary of transaction details:

The deal was notable for being a record-breaking sale, as it achieved the highest price sold for a canal-front home in Bay Point. This significant milestone highlights the prominent individuals involved, with Elise Messing and Harvey Messing representing the buyer and Ana Teresa Rodriguez representing the seller.

Players

Ana Teresa Rodriguez
21 deals$170.6M volume
BROKER

Harvey Messing
Compass
1 deal$16M volume(646) 373-1001
BROKER

Elise Messing
Compass
1 deal$16M volume(917) 689-2734
BROKER

Details

SOLD
IMAGE: Harvey Messing, Ana Teresa Rodriguez & Elise Messing DATE: 7/7/2024 ADDRESS: 761 Buttonwood Lane MARKET: Miami ASSET TYPE: Single Family BUYER'S REP: Elise Messing (@EliseMess) & Harvey Messing (@HarveyMessing) - Compass (@Compass) SELLER'S REP: Ana Teresa Rodriguez (@ATRLUXURYHOMES) - Coldwell Banker (@ColdwellBanker) ASKING PRICE: $17,500,000 SALE PRICE: $15,950,000 SF: 7,285 ~ PPSF: $2,189 NOTE FROM SELLER'S REP: Record Breaking Sale: Highest Price Sold for a Canal-Front Home in Bay Point

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$850,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$56,666.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,611.14
Annual Debt Service$907,333.65