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1249 Ortega Avenue

Nick & Ali Elias Purchase Single Family Home From Samantha Crone In Coral Gables For $1.3M
SOLDSingle Family Residence

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

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.

Players

Gabriel Baratto

Coldwell Banker

Broker

$36.4M

vol

13 deals

Broker

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