Updated Dec 21, 2023
Michael M Noell Acquires Single Family Property In Miami,FL For $24M
9380 Balada Street, Coral Gables, Florida 33156, United States
$24,000,000
$1,862/SF
Building Size
12,884 SF
Asset Type
Single Family Residence
Closing
Mar 9, 2022
About this deal
AI
The single-family property located at 9380 Balada St in Miami, FL has been sold in a recent transaction. The property spans 12,884 square feet and was sold for a price of $24,000,000, resulting in a price per square foot of $1,863. The transaction took place on 03/10/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $24,000,000
- Address: 9380 Balada St, Miami, FL
- Square Footage: 12,884
- Price per Square Foot: $1,863
Michael M Noell acted as the buyer in this transaction, while Chad R. Loweth and Nina Loweth served as the sellers.
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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93