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530 Arvida Parkway, Coral G...

John Ruiz Acquires Coral Gables, FL SFR For $25M
SOLDSingle Family Residence

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

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

Alex Pirez

Mocca Group

Broker

$537.8M

vol

24 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage
Sandra Fiorenza

Sandra Fiorenza

One Sotheby’s International Realty

Seller

$55.3M

vol

4 deals

Seller

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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