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131 Salamanca Avenue, Coral...

Updated Dec 21, 2023

Armando Martir Acquires Coral Gables SFR From Adriana Clara Busot For $1.37M
SOLDSingle Family Residence

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

About this deal

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.

On the Map

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$1,370,000

$381/SF

Single Family Residence

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Players

Angelina Escorcia

Luxe Properties

Broker

$18.9M

vol

2 deals

Broker
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Coral Gables Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Armando Martir bought a home in Coral Gables for $1.4M in 2022. The full closing is on this page.

About $381 per square foot on a published $1.4M for 3,588 square feet (2022).

Visit Angelina Escorcia to view all their deals.

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

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