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909 Roderigo Avenue

Design Week International Inc. Purchases Single Family Residence From Tobias Muhlhofer For $1.37M
SOLDSingle Family Residence

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 asset involved in this transaction is a Single Family Residence located at 909 Roderigo Avenue in the Coral Gables market. The property was sold for $1,372,500.00 and has a total square footage of 1,971.0.

Summary of transaction details:

  • Property Type: Single Family Residence
  • Transaction Amount: $1,372,500.00
  • Address: 909 Roderigo Avenue
  • Market: Coral Gables
  • Square Footage: 1,971.0
  • Buyer: Design Week International Inc.
  • Seller: Tobias Muhlhofer
  • Broker: Charlie Rua - Rua Realty
  • Broker: Sandy Dimitris

This transaction was facilitated by Charlie Rua representing Rua Realty and Sandy Dimitris, who played a role in the deal as well. The involvement of these brokers was crucial in bringing the buyer, Design Week International Inc., and the seller, Tobias Muhlhofer, together in this sale.

Players

Charlie Rua

Rua Realty

Broker

$35.3M

vol

22 deals

Broker
DI
Design Week International Inc.Buyer

Tobias Muhlhofer

Seller
Seller

Coral Gables Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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