Chad Carroll And Michelle Suegart Represent Buyer For $5.59M Coral Gables Single Family Sale
451 Ridge Road
$5,590,000
$1,246/SF
Building Size
4,486 SF
Asset Type
Single Family Residence
Closing
Jul 20, 2026
AI
The property asset involved in the transaction is a single-family home located at 451 Ridge Road in Coral Gables. The sale price of the property was $5,590,000, with a total square footage of 4,486 and a price per square foot of $1,246.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,590,000
- Address: 451 Ridge Road
- Market: Coral Gables
- Square Footage: 4,486
- Price Per Square Foot: $1,246
- Buyer's Representative: Chad Carroll - The Chad Carroll Group & Michelle Suegart
- Seller's Representative: Jonathan Vega - One Sotheby’s International Realty
- Photographer: Lux Media Group
This transaction involved key individuals including Chad Carroll and Michelle Suegart representing the buyer and Jonathan Vega representing the seller. The collaboration between The Chad Carroll Group and One Sotheby’s International Realty facilitated this successful sale.
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
2.84%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93