Michael Light & Jaimee Light Of Douglas Elliman Represent Buyer In Coral Gables Sale For $10.25M
9370 Balada Street
$10,250,000
$2,309/SF
Building Size
4,439 SF
Asset Type
Single Family Residence
Closing
May 13, 2026
AI
The property asset involved in this transaction is a single-family home located at 9370 Balada Street in Coral Gables. The sale was completed for a price of $10,250,000, with a total square footage of 4,439 and a price per square foot of $2,309.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,250,000
- Address: 9370 Balada Street
- Market: Coral Gables
- Square Footage: 4,439
- Price Per Square Foot: $2,309
- Seller: Francisco Tudela
- Buyer's Representative: Michael Light & Jaimee Light - Douglas Elliman
- Seller's Representative: Andres Morales - Coldwell Banker
The key individuals involved in this deal include the seller, Francisco Tudela, who executed the sale, and the buyer's representatives, Michael Light and Jaimee Light, affiliated with Douglas Elliman. The seller was represented in the transaction by Andres Morales from Coldwell Banker.
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
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93