Updated May 12, 2025
Karina Reyes Of Compass Represents Buyer In Coral Gables Single Family Sale For $5M
620 San Servando Avenue
$5,000,000
$1,256/SF
Building Size
3,981 SF
Asset Type
Single Family Residence
Closing
Apr 16, 2025
About this deal
AI
The property asset involved in the transaction is located at 620 San Servando Avenue in Coral Gables. It is a single-family home with a sale price of $5,000,000 and a total area of 3,981 square feet, resulting in a price per square foot of $1,255.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Square Footage: 3,981
- Price Per Square Foot: $1,255
- Address: 620 San Servando Avenue
- Market: Coral Gables
- Buyer's Representative: Karina Reyes - Compass
- Seller's Representative: Oscar Arellano - Berkshire Hathaway HomeServices
The transaction involved key individuals including Karina Reyes, representing the buyer, and Oscar Arellano, representing the seller. They are associated with Compass and Berkshire Hathaway HomeServices, respectively, facilitating the sale of this property.
On the Map
$5,000,000
$1,256/SF
Single Family Residence
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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