Coral Gables Single Family Sells For $4.2M With Brokers Joan Jimenez & Gabriela Dajer
117 Gavilan Avenue, Coral Gables, FL, USA
$4,200,000
$875/SF
Building Size
4,799 SF
Asset Type
Single Family Residence
Closing
May 6, 2021
AI
A single-family home located at 117 Gavilan Ave in Coral Gables has been sold for $4,200,000. The property, spanning 4,799 square feet, was listed at an asking price of $4,499,000. The sale represents the highest recorded transaction in the waterfront area of Islands of Cocoplum in the last six months.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,200,000
- Address: 117 Gavilan Ave
- Market: Coral Gables
The sale of this prestigious property was facilitated by brokers Joan Jimenez and Gabriela Dajer from ONE Sotheby's International Realty. The transaction closed on 5/7/2021. With a price per square foot of $875, this property stands as an exceptional investment in the sought-after Coral Gables market.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93