Updated Apr 1, 2025
Dexter Brandao Of Chez Realty Represents Buyer In Coral Gables Sale For $17.25M
8805 Arvida Drive
$17,250,000
$1,691/SF
Building Size
10,199 SF
Asset Type
Single Family Residence
Closing
Mar 5, 2025
About this deal
AI
The property involved in this transaction is located at 8805 Arvida Drive in the Coral Gables market. This single-family asset encompasses a total square footage of 10,199 and was sold for a price of $17,250,000, resulting in a price per square foot of $1,691.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,250,000
- Address: 8805 Arvida Drive
- Market: Coral Gables
- Square Footage: 10,199
- Price per Square Foot: $1,691
- Buyer's Representative: Dexter Brandao - Chez Realty
- Seller's Representatives: Lourdes Alatriste & Walter Toub - Douglas Elliman
The deal featured key representatives in the real estate transaction: Dexter Brandao representing the buyer through Chez Realty, and the seller was represented by Lourdes Alatriste and Walter Toub from Douglas Elliman, ensuring a smooth negotiation process between both parties.
On the Map
$17,250,000
$1,691/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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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93