Updated Dec 20, 2024
Nick & Ali Elias Purchase Single Family Home From Samantha Crone In Coral Gables For $1.3M
1249 Ortega Avenue
$1,300,000
$925/SF
Building Size
1,405 SF
Asset Type
Single Family Residence
Closing
Sep 20, 2024
About this deal
AI
The property involved in the transaction is a single-family home located at 1249 Ortega Avenue in Coral Gables. The sale price was $1,300,000, and the property encompasses a total square footage of 1,405, translating to a price per square foot of $925.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,300,000
- Address: 1249 Ortega Avenue
- Market: Coral Gables
- Square Footage: 1,405
- Price per Square Foot: $925
- Buyer: Nick & Ali Elias
- Seller: Samantha Crone
- Broker: Gabriel Baratto - Coldwell Banker
This transaction featured Nick and Ali Elias as the buyers, while Samantha Crone served as the seller. The deal was facilitated by Gabriel Baratto representing the buyers through Coldwell Banker.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93