Updated Oct 29, 2024
Casuarina Concourse LLC Acquires SFR In Coral Gables For $30M Ray Rodriguez & Dennis Carvajal
700 Casuarina Concourse, Coral Gables, FL, USA
$30,000,000
$4,018/SF
Building Size
7,466 SF
Asset Type
Single Family Residence
Closing
Apr 9, 2020
About this deal
AI
The property that was sold in this transaction is a Single Family Residence located at 700 Casuarina Concourse in Coral Gables. The sale took place on April 10, 2020. The property has a total square footage of 7,466 and was sold for a price of $30,000,000, resulting in a price per square foot of $4,018. The buyer of the property was Casuarina Concourse LLC, while the seller was Liana & Ray Rodriguez.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $30,000,000
- Address: 700 Casuarina Concourse, Coral Gables
- Market: Coral Gables
- Buyer: Casuarina Concourse LLC
- Buyer's Representative: Yvette Rivero - Mocca Realty
- Seller: Liana & Ray Rodriguez
- Seller's Representative: Dennis Carvajal - One Sotheby's International Realty
The buyer was represented by Yvette Rivero of Mocca Realty, while the seller was represented by Dennis Carvajal of One Sotheby's International Realty.
On the Map
$30,000,000
$4,018/SF
Single Family Residence
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Players
South Miami 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93