Douglas Elliman Represents Buyer In $5M Condo Sale At 733 Almeria Avenue, Coral Gables
733 Almeria Ave Coral Gables, FL 33134, USA
$5,000,000
$1,174/SF
Building Size
4,258 SF
Asset Type
Condo
Closing
Jun 26, 2023
AI
The recently closed property transaction in Coral Gables involved a condominium located at 733 Almeria Avenue. This condo spans 4,258 square feet and was sold for a total price of $5,000,000, resulting in a price per square foot of $1,174. The property boasts impressive features and is situated in a desirable market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,000,000
- Address: 733 Almeria Avenue
- Market: Coral Gables
Jorge Salazar from Douglas Elliman acted as the buyer's representative in this transaction, ensuring a smooth process and advocating for the buyer's interests. On the seller's side, Dorys Lizzette Martin Gonzalez enlisted the help of Giovanna Ingletto Amaral and Roberta Ingletto from RGI Realty. Together, they navigated the complexities of the transaction and facilitated a successful sale.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93