Alex Pirez And Tommy Cabrerizo Sell Coral Gables Single Family Home For $14M
SOLD
$14,000,000
Florida
See Similar DealsSingle Family Residence33,000 SF
Sold 02/26/2025
SOLD
Alex Pirez And Tommy Cabrerizo Sell Coral Gables Single Family Home For $14M
5200 North Kendall Drive
See Similar DealsSingle Family Residence33,000 SF
Sold 02/26/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$424
Total Square Footage:33,000 SF
Transaction Type:Sale
The property sold is a single-family asset located at 5200 North Kendall Drive in the Coral Gables market. The sale price was $14,000,000, with a total square footage of 33,000, resulting in a price per square foot of $424.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,000,000
- Address: 5200 North Kendall Drive
- Market: Coral Gables
- Square Footage: 33,000
- Price Per Square Foot: $424
- Seller: Alex Pirez - Mocca Group & Tommy Cabrerizo
Alex Pirez and Tommy Cabrerizo represented themselves as sellers in this transaction, indicating their involvement in the sale process within the real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
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