Updated Oct 28, 2024
Miura Cigars Acquires Single Family Home In Coral Gables For $5.5M
506 Sunset Dr, Coral Gables, FL 33143
$5,500,000
$747/SF
Building Size
7,354 SF
Asset Type
Single Family Residence
Closing
Mar 29, 2022
About this deal
AI
Located in Coral Gables, the single-family property at 506 Sunset Drive has been sold on 03/30/2022. The property spans across 7,354 square feet and was sold for a price of $5,500,000, resulting in a price per square foot of $748.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $5,500,000
The buyer of the property is Miura Cigars, represented by Jorge Leon and Geidy Leon. On the other hand, Justise Winslow, an NBA basketball player for the Portland Trailblazers, served as the seller.
Handling the transaction on behalf of the buyer was Marvin Arrieta from Coldwell Banker, while the seller was represented by Ben Moss and Brandon Winslow from Compass.
On the Map
$5,500,000
$747/SF
Single Family Residence
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Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $747 per square foot on a published $5.5M for 7,354 square feet (2022).
Visit Benjamin (Ben) Moss to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93