Updated Oct 28, 2024
Peebles Corp. Sells Single Family Property In Coral Gables For $13M
11501 Old Cutler Road, Coral Gables, FL, USA
$13,000,000
$104/SF
Building Size
125,044 SF
Asset Type
Single Family Residence
Closing
May 25, 2021
About this deal
AI
The single-family property located at 11501 Old Cutler Road in Coral Gables has been sold for a price of $13,000,000. Spanning across 2.87 acres, the property offers a price per acre of $4,529,617. The transaction took place on May 26, 2021.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Address: 11501 Old Cutler Road, Coral Gables
- Market: Coral Gables
- Acres: 2.87
- Price Per Acre: $4,529,617
The sellers of the property were Katrina Peebles and Don Peebles, who are associated with the Peebles Corp. The buying party was represented by Jill Eber and Judy Zeder from the Jills Zeder Group, operating under The Coldwell Banker agency.
On the Map
$13,000,000
$104/SF
Single Family Residence
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Players
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93