Gioia & Gregoire Panossian Purchase Single Family Home From Linda Ruth Ruffe For $3.5M
SOLD
$3,500,000
Florida
See Similar DealsSingle Family Residence3,432 SF
Sold 01/26/2026
SOLD
Gioia & Gregoire Panossian Purchase Single Family Home From Linda Ruth Ruffe For $3.5M
1033 Hardee Road
See Similar DealsSingle Family Residence3,432 SF
Sold 01/26/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,019
Total Square Footage:3,432 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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