Gioia & Gregoire Panossian Purchase Single Family Home From Linda Ruth Ruffe For $3.5M
1033 Hardee Road
$3,500,000
$1,019/SF
Building Size
3,432 SF
Asset Type
Single Family Residence
Closing
Jan 25, 2026
AI
The property asset involved in this transaction is a single-family residence located at 1033 Hardee Road in the Coral Gables market. The sale price was $3,500,000, with a total square footage of 3,432 and a price per square foot of $1,019.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Address: 1033 Hardee Road
- Market: Coral Gables
- Square Footage: 3,432
- Price per Square Foot: $1,019
- Buyer: Gioia & Gregoire Panossian
- Seller: Linda Ruth Ruffe
- Broker: Ada Sasson - Cervera Real Estate
Ada Sasson represented the sale of this residence set within the French Historical Quarter of Coral Gables, highlighting her role as a top producer at Cervera Real Estate in this transaction.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93