facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Development Site

/

Sale

/

300 Malaga Avenue

Oscar Roger Sr. Of Roger Development Group Acquires Development Site In Coral Gables For $7.25M
SOLDDevelopment Site

Oscar Roger Sr. Of Roger Development Group Acquires Development Site In Coral Gables For $7.25M

300 Malaga Avenue

$7,500,000

$1,199/SF

Building Size

6,254 SF

Asset Type

Development Site

Closing

Nov 24, 2025

AI

The property involved in this transaction is located at 300, 310, 318 Malaga Avenue in the Coral Gables market. This development site was sold for a total price of $7,250,000. It has a building size of 24,000 BSF, with a price per BSF of $302. The site also includes a building size of 6,254 square feet, with a price per square foot of $1,159.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $7,250,000
  • Building Size (BSF): 24,000
  • Price per BSF: $302
  • Building Size (SF): 6,254
  • Price per SF: $1,159
  • Buyer: Oscar Roger Sr. - Roger Development Group
  • Seller: Amalia Beunza, Santiago Beunza, Luis Palenzuela, Elizabeth Palenzuela, Jorge Arias & Edna Levy
  • Buyer's Representative: Gloria Luna - Coldwell Banker
  • Seller's Representative: Agustin Duarte - REMAX 360 Real Estate

This transaction highlights the key roles of the individuals and companies involved, specifically Oscar Roger Sr. of Roger Development Group as the buyer and Amalia Beunza along with others as the sellers. The representatives representing the buyer and seller, Gloria Luna from Coldwell Banker and Agustin Duarte from REMAX 360 Real Estate respectively, facilitated the sale.

Players

Agustin Duarte

Re/Max

Broker

$89.7M

vol

25 deals

Broker
Coldwell Banker
Coldwell BankerBrokerage
Re/Max
Re/MaxBrokerage

Coral Gables Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93