SOLDSingle Family Residence
Luis García Sells Casa Moderne At 790 Lake Road Miami For $27.25 Million With Ana Teresa Rodriguez And Cyril Matz As Reps
790 Lake Road
$27,250,000
$4,283/SF
Building Size
6,361 SF
Asset Type
Single Family Residence
Closing
Jul 3, 2026
AI
A single-family asset located at 790 Lake Road in Miami's Bay Point market has been sold for $27,250,000. The property features a total square footage of 6,361 and establishes a new canal-front price-per-square-foot record in the neighborhood at approximately $4,284 PSF.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,250,000
- Address: 790 Lake Road
- Market: Miami
- Square Footage: 6,361
- Price Per Square Foot: $4,284
- Seller: Adonel Concrete CEO Luis García
- Seller's Representative: Ana Teresa Rodriguez - ATR Luxury Homes Group - Coldwell Banker
- Buyer's Representative: Cyril Matz - Douglas Elliman Real Estate
Ana Teresa Rodriguez, representing the seller, highlighted the successful closure of Casa Moderne and noted the achievement of a record-setting price-per-square-foot for the area. The buyer was represented by Cyril Matz from Douglas Elliman Real Estate, contributing to the transaction's overall success.
Players
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
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93