Updated Feb 10, 2025
Kevin Sanz Purchases Coral Gables Single Family Home From Ricardo Romano For $5.8 Million
7185 East Lago Drive
$5,800,000
$1,358/SF
Building Size
4,271 SF
Asset Type
Single Family Residence
Closing
Jan 10, 2025
About this deal
AI
The property involved in this transaction is a single-family home located at 7185 East Lago Drive in Coral Gables. The sale price for the property was $5,800,000. The size of the home is 4,271 square feet, resulting in a price per square foot of $1,357.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,800,000
- Address: 7185 East Lago Drive
- Market: Coral Gables
- Square Footage: 4,271
- Price per Square Foot: $1,357
- Buyer: Kevin Sanz
- Seller: Ricardo Romano
- Buyer's Representative: Brandon Brugal - BZG International
- Seller's Representative: Lissette Garcia - One Sotheby's International Realty
Brandon Brugal represented the buyer, Kevin Sanz, in this transaction, while Lissette Garcia represented the seller, Ricardo Romano. Both representatives are affiliated with recognized agencies in the real estate market, facilitating the deal between the involved parties.
On the Map
$5,800,000
$1,358/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 $1.4K per square foot on a published $5.8M for 4,271 square feet (2025).
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Browse Coral Gables single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93