Updated Dec 19, 2023
Juan C. Almagro Acquires SFR In Edgewater, Coral Gables For $1.4M
171 Edgewater Drive, Coral Gables, Florida 33133, United States
$1,400,000
$562/SF
Building Size
2,489 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2021
About this deal
AI
A single-family residential property at 171 Edgewater Drive in Edgewater, Coral Gables was recently sold for $1,400,000. The property spans 2,489 square feet, resulting in a price per square foot of $562.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,400,000
- Address: 171 Edgewater Drive
- Market: Edgewater, Coral Gables
The buyer, Juan C. Almagro, acquired the property from the seller, James Beram, in this closed transaction. Janet Cabada-Medina of The Janet Group at RE/MAX 360 Real Estate represented both parties in the deal.
Players
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $562 per square foot on a published $1.4M for 2,489 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93