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918 Santiago Street

Updated Aug 21, 2026

Vanessa Gomez Of Engel&Völkers Miami Facilitates $6,095,000 Sale In Coral Gables And Miami
SOLDOther

Vanessa Gomez Of Engel&Völkers Miami Facilitates $6,095,000 Sale In Coral Gables And Miami

918 Santiago Street, 488 Northeast 18th Street & 488 Northeast 18th Street

$6,095,000

$1,092/SF

Building Size

2,801 SF

Asset Type

Other

Closing

Aug 14, 2026

About this deal

AI

The transaction involves multiple units located at 918 Santiago Street and 488 Northeast 18th Street, specifically Unit 5012 and Unit 3903, encompassing a total of 5,578 square feet. The sale price was set at $6,095,000, translating to a price per square foot of $1,093. The properties are situated in the Coral Gables and Miami markets, categorized under the asset type of Other.

Summary of transaction details:

  • Property Type: Other
  • Transaction Amount: $6,095,000
  • Address: 918 Santiago Street, 488 Northeast 18th Street Unit 5012 & 488 Northeast 18th Street Unit 3903
  • Market: Coral Gables & Miami
  • Square Footage: 5,578
  • Price Per Square Foot: $1,093
  • Broker: Vanessa Gomez - Engel&Völkers Miami
  • Transaction Date: 08/14/2026

Vanessa Gomez represented Engel & Völkers Miami in this transaction, highlighting the company's ongoing expansion in the luxury real estate market. Their operations are supported by License Partners Daniel Nault and Vanessa Gomez, underscoring a combination of local expertise and international connections within a growing team of accomplished Advisors.

On the Map

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$6,095,000

$1,092/SF

Other

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Players

Vanessa Gomez

Engel&Völkers Miami

Broker

$21.9M

vol

5 deals

Broker
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Coral Gables Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $6.1M for 5,578 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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