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7239 East Lago Drive

Allan Cooper Acquires Single Family Home In Coral Gables For $5.15M With Jessica Adams As Buyer's Rep
SOLDSingle Family Residence

Allan Cooper Acquires Single Family Home In Coral Gables For $5.15M With Jessica Adams As Buyer's Rep

7239 East Lago Drive

$5,150,000

$1,153/SF

Building Size

4,464 SF

Asset Type

Single Family Residence

Closing

Mar 10, 2025

AI

The property involved in this transaction is a single-family home located at 7239 East Lago Drive in the Coral Gables market. The sale price of the asset is $5,150,000, with a total square footage of 4,464 and a price per square foot of $1,153.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,150,000
  • Address: 7239 East Lago Drive
  • Market: Coral Gables
  • Square Footage: 4,464
  • Price per Square Foot: $1,153
  • Buyer: Allan Cooper
  • Seller: Jose Garcia
  • Buyer's Representative: Jessica Adams - Douglas Elliman
  • Seller's Representatives: Angel Nicolas & Carlo Falla - Compass

Allan Cooper is the buyer of this property, while Jose Garcia is the seller. Jessica Adams represents the buyer in this transaction through Douglas Elliman. The seller is represented by a team consisting of Angel Nicolas and Carlo Falla from Compass.

Players

Angel Nicolas

Serhant

Broker

$158M

vol

18 deals

Broker
Jose Garcia

Jose Garcia

Seller

$9.2M

vol

3 deals

Seller

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

3.08%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93