Design Week International Inc. Purchases Single Family Residence From Tobias Muhlhofer For $1.37M
909 Roderigo Avenue
$1,372,500
$696/SF
Building Size
1,971 SF
Asset Type
Single Family Residence
Closing
Aug 23, 2023
AI
The property involved in the transaction is a single-family residence located at 909 Roderigo Avenue in the Coral Gables market. The transaction was completed for a price of $1,372,500.00, encompassing a total square footage of 1971.0.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,372,500.00
- Address: 909 Roderigo Avenue
- Market: Coral Gables
- Square Footage: 1971.0
- Buyer: Design Week International Inc.
- Seller: Tobias Muhlhofer
- Broker representatives: Charlie Rua - Rua Realty, Sandy Dimitris - Rua Realty
The key individuals involved in the deal include the buyer, Design Week International Inc., and the seller, Tobias Muhlhofer. Representing them in the transaction were brokers Charlie Rua and Sandy Dimitris from Rua Realty.
Players
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
11.56%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93