Updated Jan 7, 2025
Steve Medwin Sells SFR At 641 Sevilla Avenue Coral Gables For $1.937M With Broker Selen Arditi
641 Sevilla Avenue, Coral Gables, FL, USA
$1,937,500
$728/SF
Building Size
2,660 SF
Asset Type
Single Family Residence
Closing
Nov 12, 2021
About this deal
AI
This property asset is a single-family residence located at 641 Sevilla Avenue in the Coral Gables market. The property has a total square footage of 2,660 and was sold for a transaction amount of $1,937,500, with an asking price of $2,050,000, resulting in a price per square foot of $728.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,937,500
- Address: 641 Sevilla Avenue
- Market: Coral Gables
- Seller: Steve Medwin
- Broker: Selen Arditi - Compass Florida
The sale involved broker representation by Selen Arditi from Compass Florida, who facilitated the transaction for the seller, Steve Medwin. The details of the agreement reflect negotiation outcomes in the Coral Gables real estate market.
On the Map
$1,937,500
$728/SF
Single Family Residence
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Players
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $728 per square foot on a published $1.9M for 2,660 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.19%
Cash-on-Cash
-2.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93