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.
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