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130 Solano Prado, Coral Gab...

Dan Azel's Andale Group Acquires SFR In Coral Gables For $5.3M
SOLDSingle Family Residence

Dan Azel's Andale Group Acquires SFR In Coral Gables For $5.3M

130 Solano Prado, Coral Gables, FL, USA

$5,300,000

$1,670/SF

Building Size

3,172 SF

Asset Type

Single Family Residence

Closing

Nov 10, 2022

AI

The property involved in the transaction is a single-family home located at 130 Solano Prado in Coral Gables. The property spans 3,172 square feet and was sold for a price of $5,300,000, resulting in a price per square foot of $1,671.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,300,000
  • Address: 130 Solano Prado
  • Market: Coral Gables

The buyer of the property is Dan Azel, who is represented by Franz De Beche from Cabos Realty. The seller is Mayra Ruiz, and her representative is Diana Gutierrez from Mocca Realty.

Players

Diana Gutierrez

Mocca Realty

Broker

$217.5M

vol

14 deals

Broker

Dan Azel

Andale Group

Buyer

$22.1M

vol

2 deals

Buyer

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

2.99%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93