Taohh Group Purchases Development Site In Coral Gables From Sam Jayzari For $5.91M
10945 Lakeside Drive
$5,915,000
$657/SF
Building Size
9,000 SF
Asset Type
Development Site
Closing
Nov 4, 2025
AI
The property involved in this transaction is a development site located at 10945 Lakeside Drive in the Coral Gables market. The sale was finalized for a price of $5,915,000. The asset encompasses an area of 1.1 acres.
Summary of transaction details:
- Property Type: Development Site/Land
- Transaction Amount: $5,915,000
- Address: 10945 Lakeside Drive
- Market: Coral Gables
- Acres: 1.1
- Buyer: Taohh Group
- Seller: Sam Jayzari
- Buyer's Representative: Joseph Azar - The Azar Team - Douglas Elliman
- Seller's Representative: Hannah Jayzari - Jayzari Realty
This transaction involved key individuals including the buyer, Taohh Group, and the seller, Sam Jayzari. Joseph Azar represented the buyer through The Azar Team at Douglas Elliman, while Hannah Jayzari acted as the seller's representative from Jayzari Realty.
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
2.68%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93