Romulo Fonseca Sells SFR In Coral Gables For $9M With Brooks International Realty
450 Como Avenue, Coral Gables, FL 33146
$9,000,000
$1,390/SF
Building Size
6,475 SF
Asset Type
Single Family Residence
Closing
Dec 16, 2021
AI
A single-family residential property located at 450 Como Ave in Coral Gables recently sold for $9,000,000. The property, spanning 6,475 square feet, was listed with an asking price of $9,800,000, resulting in a price per square foot of $1,390. The transaction took place on 12/16/2021.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $9,000,000
- Address: 450 Como Ave
- Market: Coral Gables
The seller of the property was Romulo Fonseca. The deal was facilitated by Adam Redolfi and Enzo Rosani from Barnes International Realty. They represented the seller in the transaction.
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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93