Updated Dec 21, 2023
Luis Duran Acquires SFR In Coral Gables For $2.75M
144 N Prospect Dr, Coral Gables, FL, USA
$2,750,000
$527/SF
Building Size
5,212 SF
Asset Type
Single Family Residence
Closing
May 9, 2021
About this deal
AI
A single-family home located at 144 N Prospect Dr in Coral Gables has recently been sold. The property, with a total area of 5,212 square feet, was sold for a price of $2,750,000. The sale price reflects a price per square foot of $527. The transaction took place on May 10, 2021.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,750,000
- Address: 144 N Prospect Dr, Coral Gables
- Market: Coral Gables
The buyer of the property was Luis Duran, while the seller was Geoffrey Rojas. The deal was facilitated by brokers Matthew Mejias and Lizzie Padro from Coldwell Banker Realty. The asking price for the property was $2,950,000, indicating a slightly lower sale price. Matthew Mejias represented the buyer, while Lizzie Padro represented the seller in this transaction.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $527 per square foot on a published $2.8M for 5,212 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93