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5200 North Kendall Drive

Alex Pirez And Tommy Cabrerizo Sell Coral Gables Single Family Home For $14M
SOLDSingle Family Residence

Alex Pirez And Tommy Cabrerizo Sell Coral Gables Single Family Home For $14M

5200 North Kendall Drive

$14,000,000

$424/SF

Building Size

33,000 SF

Asset Type

Single Family Residence

Closing

Feb 26, 2025

AI

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.

Players

Alex Pirez

Mocca Group

Broker

$537.8M

vol

24 deals

Broker

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

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93