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1431 Ancona Avenue

Joseph J. Echevarria Jr. Purchases Single Family Home In Coral Gables For $1.6M
SOLDSingle Family Residence

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

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

Esther Prat

Douglas Elliman

Broker

$6.5M

vol

2 deals

Broker

Miami 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93