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117 Gavilan Avenue, Coral G...

Coral Gables Single Family Sells For $4.2M With Brokers Joan Jimenez & Gabriela Dajer
SOLDSingle Family Residence

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

Joan Jimenez

Sotheby's International Realty

Broker

$8.1M

vol

2 deals

Broker

Coral Gables Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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