Marc Anthony Sells Single Family Home In Coral Gables For $22.4M With Buyer's Rep Chad Caroll - Compass
300 Costanera Road, Coral Gables, FL 33143
$22,416,000
$1,319/SF
Building Size
16,989 SF
Asset Type
Single Family Residence
Closing
May 18, 2020
AI
The recently closed property transaction in Coral Gables, at 300 Costanera Road, involved the sale of a single-family home. The property, spanning 16,989 square feet, was sold for a total price of $22,416,000, resulting in a price per square foot of $1,319. Situated on 1.3 acres of land, the property was valued at $17,243,077 per acre.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $22,416,000
- Address: 300 Costanera Road, Coral Gables
- Square Footage: 16,989 sqft
- Price per Square Foot: $1,319
- Acres: 1.3
- Price per Acre: $17,243,077
The seller of the property, Marc Anthony (also known as Marco Muñiz), was represented by Anamaria Velasquez from Nexxos Realty. The buyer, on the other hand, was represented by Chad Caroll from Compass. This real estate transaction highlights the involvement of key individuals and their respective agencies - Anamaria Velasquez from Nexxos Realty and Chad Caroll from Compass.
Players
Coral Gables 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93