Maria Cecilia Vivacqua & Fabiano Vivacqua Acquire Condo In Coral Gables For $1.12M
721 Biltmore Way, Coral Gables, Florida 33134, United States
$1,125,000
$495/SF
Building Size
2,270 SF
Asset Type
—
Closing
Apr 6, 2022
About this deal
AI
The recently closed transaction involved a condominium located at 721 Biltmore Way in Coral Gables. The property offers a total area of 2,270 square feet, resulting in a price per square foot of $496. The sale was completed on April 7, 2022, with a sale price of $1,125,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,125,000
- Address: 721 Biltmore Way, Coral Gables
- Square Footage: 2,270
- Price per Square Foot: $496
The buyer of the property is Maria Cecilia Vivacqua & Fabiano Vivacqua, while Rose C. Kirschbaum acted as the seller. Joyce Torres from LUXE Properties represented the buyers in the transaction as their buyer's representative.
Players
Coral Gables CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93