Joshua Moreno Sells Duplex In Coral Gables For $1,035,000
3903 Ponce de Leon Blvd, Coral Gables, FL, USA
$1,035,000
$430/SF
Building Size
2,402 SF
Asset Type
MultiFamily
Closing
Oct 25, 2021
AI
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.
Players
Coral Gables MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93