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340 Leucadendra Dr, Coral G...

Mocca Construction Acquires SFR In Coral Gables For $12.25M
SOLDSingle Family Residence

Mocca Construction Acquires SFR In Coral Gables For $12.25M

340 Leucadendra Dr, Coral Gables, FL 33156, USA

$12,250,000

$720/SF

Building Size

17,000 SF

Asset Type

Single Family Residence

Closing

Jul 30, 2020

AI

The property involved in the transaction is a single-family home located at 340 Leucadendra Drive in Coral Gables. The property spans 17,000 square feet and was sold for a price of $12,250,000, resulting in a price per square foot of $721.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $12,250,000
  • Address: 340 Leucadendra Drive
  • Market: Coral Gables

The seller of the property is Randall P. Fiorenza, representing Tiger Aircraft Trading. The buyer is Mocca Construction, represented by Alex Pirez. The transaction was facilitated by Sandra Fiorenza from One Sotheby's International Realty.

Players

Sandra Fiorenza

Douglas Elliman

Broker

$55.3M

vol

4 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage
Alex Pirez

Alex Pirez

Buyer

$537.8M

vol

24 deals

Buyer

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

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93