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
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
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