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Coral Gables, Florida, Unit...

Jackie & Mike Bezos Acquire Coral Gables Single Family Property For $44M
SOLDSingle Family Residence

Jackie & Mike Bezos Acquire Coral Gables Single Family Property For $44M

Coral Gables, Florida, United States

$44,000,000

$4,888/SF

Building Size

9,000 SF

Asset Type

Single Family Residence

Closing

Jul 29, 2022

AI

The single family property located in Coral Gables has been sold. Mike Bezos shared an image of the property on Instagram. The sale took place on 07/29/2022.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $44,000,000

The buyers of the property are Jackie & Mike Bezos, who happen to be Jeff Bezos' brother. On the other hand, the sellers are Nicole Martin and Anthony Lopez.

The total square footage of the property is 9,000 square feet, with a price per square foot of $4,889.

Players

Anthony M Lopez

Seller

$87M

vol

3 deals

Seller

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

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93