Dan Azel's Andale Group Acquires SFR In Coral Gables For $5.3M
SOLD
$5,300,000
Florida
See Similar DealsSingle Family Residence3,172 SF
SOLD
Dan Azel's Andale Group Acquires SFR In Coral Gables For $5.3M
130 Solano Prado, Coral Gables, FL, USA
See Similar DealsSingle Family Residence3,172 SF
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,670
Total Square Footage:3,172 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$282,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45
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