Armando Martir Acquires Coral Gables SFR From Adriana Clara Busot For $1.37M
131 Salamanca Avenue, Coral Gables, Florida 33134, United States
$1,370,000
$381/SF
Building Size
3,588 SF
Asset Type
Single Family Residence
Closing
Jun 6, 2022
AI
Located at 131 Salamanca Ave, this single-family home in Coral Gables was recently sold for a price of $1,370,000. With a total area of 3,588 square feet, the property offers ample space for comfortable living. The sale price per square foot was calculated at $382, reflecting the value of the house in the market.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,370,000
- Address: 131 Salamanca Ave, Coral Gables
- Market: Coral Gables
- Asset Type: SFR
Armando Martir became the proud buyer of this property, while Adriana Clara Busot took on the role of the seller. The transaction was facilitated by Angelina Escorcia, representing Luxe Properties as the buyer's representative. With their expertise, Angelina Escorcia ensured a smooth and successful sale process for her client.
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
11.58%
Cash-on-Cash
-3.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93