Updated Dec 4, 2024
Ignacio Medina Acquires Single Family In Cutler Bay For $1M
9890 Southwest 213th Street
$1,000,000
$229/SF
Building Size
4,367 SF
Asset Type
Single Family
Closing
May 20, 2024
About this deal
AI
The property located at 9890 Southwest 213th Street in Cutler Bay was sold for $1,000,000. This single-family home spans 4,367 square feet, resulting in a price per square foot of $229. The transaction took place on 05/20/2024, with Ignacio Medina purchasing the property from Luis Mariano Airado. Rocio Roca Rojas from Real Estate Sales Force (RESF) represented the buyer, while Laura Perez from Virago Realty Group represented the seller.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,000,000
- Buyer: Ignacio Medina
- Seller: Luis Mariano Airado
- Buyer's Rep: Rocio Roca Rojas - Real Estate Sales Force (RESF)
- Seller's Rep: Laura Perez - Virago Realty Group
Rocio Roca Rojas, who represented the buyer, was commended for her professionalism and dedication throughout the transaction process. She exhibited attention to detail, responsiveness, and a commitment to client satisfaction, ensuring a smooth and successful transaction that left all parties highly satisfied. Her expertise and seamless coordination were highlighted as key factors in the deal's positive outcome.
Players
Cutler Bay Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $229 per square foot on a published $1M for 4,367 square feet (2024).
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Browse Cutler Bay single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93