Updated Feb 12, 2025
Ricardo Romano And Carolina Romano Purchase Single Family Home From Laurence E. Curran III And Sylvia Curran For $4.25M
7125 West Lago Drive
$4,250,000
$569/SF
Building Size
7,467 SF
Asset Type
Single Family Residence
Closing
Jan 13, 2025
About this deal
AI
The property located at 7125 West Lago Drive in Coral Gables is a single-family asset that was sold for $4,250,000. It encompasses a total area of 7,467 square feet, resulting in a price per square foot of $569.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,250,000
- Address: 7125 West Lago Drive
- Market: Coral Gables
- Square Footage: 7,467
- Price per Square Foot: $569
- Buyer: Ricardo Romano & Carolina Romano
- Seller: Laurence E. Curran III & Sylvia Curran
- Broker: Lissette Garcia - One Sotheby’s International Realty
The transaction involved buyers Ricardo Romano and Carolina Romano acquiring the property from sellers Laurence E. Curran III and Sylvia Curran. The deal was facilitated by broker Lissette Garcia, who represented the interests of the buyers in this closed transaction.
On the Map
$4,250,000
$569/SF
Single Family Residence
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Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $569 per square foot on a published $4.3M for 7,467 square feet (2025).
Visit Lissette Garcia to view all their deals.
Browse Coral Gables single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93