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323 Sarto Avenue

Chad Reams And Cristina Sproul Purchase Single Family Residence In Coral Gables For $1.575M
SOLDSingle Family Residence

Chad Reams And Cristina Sproul Purchase Single Family Residence In Coral Gables For $1.575M

323 Sarto Avenue

$1,575,000

$772/SF

Building Size

2,039 SF

Asset Type

Single Family Residence

Closing

Mar 13, 2025

AI

The property asset involved in this transaction is located at 323 Sarto Avenue in the Coral Gables market. This single-family residence is priced at $1,575,000.00 and has a square footage of 2039.0.

Summary of transation details:

  • Property Type: Single Family Residence
  • Transaction Amount: $1,575,000.00
  • Address: 323 Sarto Avenue
  • Market: Coral Gables
  • Square Footage: 2039.0
  • Buyer: Chad Reams and Cristina Sproul
  • Seller: Hely Santeliz and Julia Santeliz
  • Broker Representing Buyer: Alejandro Herrera - Avanti Way Realty
  • Broker Representing Seller: Charlie Rua - Rua Realty

This transaction involved buyers Chad Reams and Cristina Sproul acquiring the property from sellers Hely Santeliz and Julia Santeliz. Alejandro Herrera from Avanti Way Realty represented the buyers, while the sellers were represented by Charlie Rua from Rua Realty.

Players

Charlie Rua

Rua Realty

Broker

$35.3M

vol

22 deals

Broker

Chad Reams

Buyer
Buyer

Hely Santeliz

Seller
Seller

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

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93