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Investco Finance LLC Acquires SFR In Bay Point, Miami For $6.6M

4241 Palm Lane
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This Single Family Residence property located in FL was sold for $6,625,000 over 3 years ago. The brokers of the deal were Stuart Drossner and Ana Teresa Rodriguez

A single-family residential (SFR) property located at 4241 Palm Ln in Bay Point, Miami has been sold. The property, with a total area of 1,187 square feet, was sold for a total sale price of $6,625,000, resulting in a price per square foot of $5,581. The transaction took place on July 1, 2021.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $6,625,000
  • Property Address: 4241 Palm Ln, Bay Point, Miami
  • Market: Bay Point, Miami

The buyer of the property is Investco Finance LLC, while the seller is Seth Gissen. Ana Teresa Rodriguez represented the buyer, Investco Finance LLC, and Stuart Drossner acted as the seller's representative in the deal.

It is important to note that the asking price for the property was $6,850,000, indicating that the sale price of $6,625,000 was slightly below the original asking price.

View Related

Deals
  • Location
    4241 Palm Lane, Miami, FL, USA4241 Palm Lane, Miami, FL, USA
  • Sale Price
    $6,625,000$6,625,000
    $5,581 PPSF$5,581 PPSF
  • Area
    1,187 SF1,187 SF
  • Asset Type
    Single Family ResidenceSingle Family Residence
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Stuart Drossner

Stuart Drossner

Deals1
Sold$6.6M

Agency

Coldwell Banker

Coldwell Banker

Agency
Deals1405
Volume$9.3B

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Deal Summary

SALE IMAGE: Stuart Drossner DATE: 07/01/2021 ADDRESS: 4241 Palm Ln MARKET: Bay Point, Miami ASSET TYPE: SFR BUYER: Investco Finance LLC SELLER: Seth Gissen BUYER'S REP: Ana Teresa Rodriguez SELLER'S REP: Stuart Drossner (@StuartDrossner) ASKING PRICE: $6,850,000 SALE PRICE: $6,625,000 SF: 1,187 ~ PPSF: $5,581

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4241 Palm Lane

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