ARCCA Group Acquires Development Site At 8261 La Rampa Street For $4.7M From Avi & Rachel Kaufman
8261 La Rampa Street
$4,700,000
Building Size
—
Asset Type
Development Site
Closing
Jan 30, 2026
AI
The asset involved in this transaction is a development site located at 8261 La Rampa Street in the Coral Gables market. The asking price was set at $5,200,000, while the sale price ultimately finalized at $4,700,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,700,000
- Address: 8261 La Rampa Street
- Market: Coral Gables
- Seller's Representative: Ali Seid - Compass
- Buyer: ARCCA Group
Ali Seid represented the seller in this transaction, facilitating the sale on behalf of the property owner. The buyer, ARCCA Group, engaged in this transaction without further representation details mentioned.
Players
Coral Gables Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93