Leopoldo & Yamile Manzanilla Acquire SFR In Coral Gables For $6.75M
13000 San Mateo Street, Coral Gables, Florida 33156, United States
$6,750,000
$1,460/SF
Building Size
4,621 SF
Asset Type
Single Family Residence
Closing
May 10, 2022
AI
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
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93