Updated Oct 25, 2024
John Ruiz Acquires Coral Gables, FL SFR For $25M
530 Arvida Parkway, Coral Gables, Florida, USA
$25,000,000
$1,891/SF
Building Size
13,216 SF
Asset Type
Single Family Residence
Closing
Sep 8, 2021
About this deal
AI
The property located at 530 Arvida Pkwy in Coral Gables, FL has been sold. The single-family home, spanning over 13,216 square feet, was bought for a sale price of $25,000,000. The transaction was finalized on September 8, 2021.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $25,000,000
- Square Footage: 13,216
- Address: 530 Arvida Pkwy, Coral Gables, FL
- Market: Coral Gables, FL
John Ruiz was the buyer in this transaction, represented by Alex Pirez from Mocca Real Estate. The seller was Sandra & Randy Fiorenza, with Sandra Fiorenza representing them. The property is a single-family residence located in Coral Gables, FL. The sale price for the property was $25,000,000, and it spans over 13,216 square feet.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $25M for 13,216 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93