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8900 Southwest 64th Court

Michael A. Diaz Of Miami Brokers Group Closes $14.3M Sale Of Pinecrest Single Family Home
SOLDSingle Family

Michael A. Diaz Of Miami Brokers Group Closes $14.3M Sale Of Pinecrest Single Family Home

8900 Southwest 64th Court

$14,300,000

$1,361/SF

Building Size

10,501 SF

Asset Type

Single Family

Closing

Jul 15, 2024

AI

This single-family property located at 8900 Southwest 64th Court in the Pinecrest market has a sale price of $14,300,000. It encompasses a substantial 10,501 square feet of living space, valuing the property at approximately $1,362 per square foot. The property was listed with an asking price of $15,000,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $14,300,000
  • Asking Price: $15,000,000
  • Square Footage: 10,501
  • Price Per Square Foot: $1,362
  • Market: Pinecrest
  • Date of Sale: 07/15/2024
  • Broker: Michael A. Diaz - Miami Brokers Group

Michael A. Diaz, representing Miami Brokers Group, played a pivotal role in facilitating this transaction that marks a notable achievement in the luxury real estate market of Pinecrest. This sale reflects the ongoing demand for high-value properties within the community.

Players

Michael A. Diaz

Miami Brokers Group

Broker

$43.5M

vol

7 deals

Broker

Pinecrest 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

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93