Jorge Mena Purchases 12-Unit Multifamily Property From Jonathan Vilma For $3.5M In Coral Gables
130 Antiquera Avenue
$3,500,000
$364/SF
Building Size
9,600 SF
Asset Type
MultiFamily
Closing
May 8, 2025
AI
130 Antiquera Avenue is a 12-unit multifamily property located in Coral Gables, with a sale price of $3,500,000. The property spans a total area of 9,600 square feet, translating to a price per unit of $291,666 and a price per square foot of $364.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,500,000
- Units: 12
- Square Footage: 9,600
- Price per Unit: $291,666
- Price per Square Foot: $364
- Buyer: Jorge Mena
- Seller: Jonathan Vilma
- Broker Representatives: Vicente Rodriguez & Christopher Canizares - Fausto Commercial Realty Consultants
- Date of Sale: 5/9/2025
- Market: Coral Gables
Vicente Rodriguez and Christopher Canizares successfully represented Jonathan Vilma, the seller, in this transaction. Fausto Commercial Realty is pleased to confirm the completion of this sale.
Players
Coral Gables MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93