Joshua Moreno Sells Duplex In Coral Gables For $1,035,000
SOLD
$1,035,000
Florida
See Similar DealsMultiFamily2,402 SF
Sold 10/26/2021
SOLD
Joshua Moreno Sells Duplex In Coral Gables For $1,035,000
3903 Ponce de Leon Blvd, Coral Gables, FL, USA
See Similar DealsMultiFamily2,402 SF
Sold 10/26/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$430
Total Square Footage:2,402 SF
Transaction Type:Sale
A duplex located at 3903 Ponce De Leon Blvd in Coral Gables has been sold for $1,035,000. The property consists of 2 units with a total area of 2,402 square feet. The purchase price per unit was $519,500, with a price per square foot of $431.
Summary of transaction details:
- Property Type: Duplex
- Transaction Amount: $1,035,000
- Address: 3903 Ponce De Leon Blvd, Coral Gables
- Market: Coral Gables
The seller of the duplex was Gabriel Dalmau. The buyer was represented by Vanessa Frank from One Sotheby's International Realty. Joshua Moreno from RE/MAX Advance Realty acted as the seller's representative in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,677.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,906.43
Annual Debt Service$58,877.14
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