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5545 Riviera Drive

Leopoldo Baptista And Elisa Perez Acquire Coral Gables Single Family From Alvaro Hernandez For $4.9M
SOLDSingle Family Residence

Leopoldo Baptista And Elisa Perez Acquire Coral Gables Single Family From Alvaro Hernandez For $4.9M

5545 Riviera Drive

$4,900,000

$1,280/SF

Building Size

3,826 SF

Asset Type

Single Family Residence

Closing

Jul 1, 2024

AI

The property involved in this transaction is a single-family home located at 5545 Riviera Drive in the Coral Gables market. It has a sale price of $4,900,000 and covers a total square footage of 3,826, translating to a price per square foot of $1,280. The initial asking price for the property was $5,200,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,900,000
  • Address: 5545 Riviera Drive
  • Market: Coral Gables
  • Asking Price: $5,200,000
  • Square Footage: 3,826
  • Price per Square Foot: $1,280
  • Buyer: Leopoldo Baptista & Elisa Perez
  • Seller: Alvaro Hernandez
  • Broker Representatives: Alexandra Sierra & Renier Casanova - Compass

The key individuals in this transaction include the buyers, Leopoldo Baptista and Elisa Perez, who acquired the property from seller Alvaro Hernandez. The deal was facilitated by broker representatives Alexandra Sierra and Renier Casanova from Compass, contributing to the successful conclusion of this transaction.

Players

Renier Casanova
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Renier Casanova

Compass

Broker

$123.3M

vol

17 deals

Broker

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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93