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Leopoldo & Yamile Manzanilla Acquire SFR In Coral Gables For $6.75M

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SOLD
$6,750,000

Florida

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Single Family Residence4,621 SF
Sold 05/11/2022
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Property Image
SOLD

Leopoldo & Yamile Manzanilla Acquire SFR In Coral Gables For $6.75M

13000 San Mateo Street, Coral Gables, Florida 33156, United States

See Similar Deals
Single Family Residence4,621 SF
Sold 05/11/2022
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,460
Total Square Footage:4,621 SF
Transaction Type:Sale

Located in Coral Gables' prestigious Gables by The Sea neighborhood, the recently closed property transaction at 13000 San Mateo St has set a new record for price per square foot. The stunning single-family residence (SFR) features 4,621 square feet of living space and sits on a spacious lot with 240 feet of waterfront, offering breathtaking views.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,750,000
  • Address: 13000 San Mateo St, Coral Gables
  • Market: Gables by The Sea

The property was purchased by Leopoldo and Yamile Manzanilla, while the sellers were Jefferson and Jodeen Powell. Nancy Sanabria from Compass and Jill Balli from ONE Sotheby's International Realty represented the buyers and sellers respectively in this significant transaction.

This record-breaking deal reflects the high demand and premium prices in the Coral Gables market. With its prime location, breathtaking waterfront views, and luxurious features, this property stands out as an exceptional investment opportunity.

Players

Jill Balli
2 deals$10.3M volume
BROKER

Nancy Sanabria
Compass
1 deal$6.8M volume
BROKER

Details

SOLD
IMAGE: Jill Balli DATE: 05/11/2022 ADDRESS: 13000 San Mateo St MARKET: Coral Gables ASSET TYPE: SFR BUYER: Leopoldo & Yamile Manzanilla SELLER: Jefferson & Jodeen Powell BROKERS: Nancy Sanabria - Compass; Jill Balli (@JillBalliRealEstate) - ONE Sotheby's International Realty (@Onesir) ASKING PRICE: $6,595,000 SALE PRICE: $6,750,000 SF: 4,621 ~ PPSF: $1,461 NOTE FROM BROKER: This deal is the highest price per square foot in Gables by The Sea , 13000 San Mateo - 240 feet of waterfront.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$360,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,981.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,998.44
Annual Debt Service$383,981.32