Aderemi Roberts, Oti Roberts Acquire SFR In Coral Gables For $5M
5450 Banyan Trail, Coral Gables, FL, USA
$5,000,000
$370/SF
Building Size
13,509 SF
Asset Type
Single Family Residence
Closing
Dec 28, 2020
AI
The property at 5450 Banyan Trail in Coral Gables has been sold. The transaction took place on 12/29/2020. The asset type is a single-family home with a total square footage of 13,509. The property was sold for a sale price of $5,000,000, with a price per square foot of $370.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,000,000
- Market: Coral Gables
- Buyer: Aderemi Roberts, Oti Roberts - Morgan Stanley
- Seller: Luisa Cannella Ferrero
- Buyer's Representative: Scott Shuffield - Berkshire Hathaway HomeServices EWM Realty
- Seller's Representative: Anamaria Velasquez - Nexxos Realty LLC
The buyer in this transaction, represented by Scott Shuffield from Berkshire Hathaway HomeServices EWM Realty, is Aderemi Roberts and Oti Roberts from Morgan Stanley. On the other hand, the seller, Luisa Cannella Ferrero, was represented by Anamaria Velasquez of Nexxos Realty LLC.
Players
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93