Ivan Chorney, Michael Martirena & Renier Casanova Of Compass Sell Land In Coral Gables For $7.25M
6716 San Vicente Street
$7,250,000
$1,381/SF
Building Size
5,250 SF
Asset Type
Land
Closing
Nov 10, 2026
About this deal
AI
The transaction involves a land asset located at 6716 San Vicente Street in the Coral Gables market. The sale was executed for $7,250,000, covering an area of 5,250 square feet, resulting in a price per square foot of $1,380.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $7,250,000
- Address: 6716 San Vicente Street
- Market: Coral Gables
- Square Footage: 5,250
- Price Per Square Foot: $1,380
The brokers involved in this transaction are Ivan Chorney, Michael Martirena, and Renier Casanova, representing the deal under Compass.
On the Map
$7,250,000
$1,381/SF
Land
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Players
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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93