Updated Jun 8, 2026
Joseph J. Echevarria Jr. Purchases Single Family Home In Coral Gables For $1.6M
1431 Ancona Avenue
$1,600,000
$779/SF
Building Size
2,053 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2026
About this deal
AI
The property asset involved in the transaction is a single-family home located at 1431 Ancona Avenue, Coral Gables. The sale price for this asset was $1,600,000 with a total square footage of 2,053 and a price per square foot of $779 within the Coral Gables market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,600,000
- Address: 1431 Ancona Avenue, Coral Gables
- Market: Coral Gables
- Square Footage: 2,053
- Price per Square Foot: $779
- Buyer: Joseph J. Echevarria Jr.
- Seller: Rohan Gonzalez - RN160 Holdings LLX
- Buyer's Representative: Esther Prat - Douglas Elliman
Joseph J. Echevarria Jr. was the buyer of the property, while Rohan Gonzalez represented the seller through RN160 Holdings LLX. Esther Prat from Douglas Elliman acted as the representative for the buyer in this transaction.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $779 per square foot on a published $1.6M for 2,053 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93