David Whitten Sells Land At 548 Vilabella Avenue Coral Gables For $2,000,000
548 Vilabella Avenue
$2,000,000
$962/SF
Building Size
2,079 SF
Asset Type
Land
Closing
Aug 31, 2026
About this deal
AI
This transaction involves a piece of land located at 548 Vilabella Avenue in the Coral Gables market. The asset was sold by David Whitten for a total of $2,000,000. The land has a total lot size of 9,000 square feet, which translates to a per square foot price of $222.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,000,000
- Lot Size: 9,000 SF
- Per Square Foot Price: $222
- Seller: David Whitten
- Broker: Alejandro Pis-Dudot - Coldwell Banker
Representing the seller in this transaction was broker Alejandro Pis-Dudot from Coldwell Banker, who facilitated the sale of the land located at 548 Vilabella Avenue.
Coral Gables Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93