Monica Alvarez And Pedro Molina Acquire Coral Gables Single Family Home From David Rojas For $2.45M
1207 Columbus Boulevard
$2,450,000
$1,158/SF
Building Size
2,114 SF
Asset Type
Single Family Residence
Closing
May 21, 2026
AI
The property involved in this transaction is a single-family home located at 1207 Columbus Boulevard in the Coral Gables market. It was sold for $2,450,000 and has a total square footage of 2,114, translating to a price per square foot of $1,158.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,450,000
- Address: 1207 Columbus Boulevard
- Market: Coral Gables
- Square Footage: 2,114
- Price per Square Foot: $1,158
- Buyer: Monica Alvarez & Pedro Molina
- Seller: David Rojas
- Buyer's Representative: Vanessa Zamorano - Inmobiliata
The deal was represented by Vanessa Zamorano from Inmobiliata, who noted that the property was listed on the market and went under contract in just four days. The home is categorized as an Old Spanish masterpiece, built in 1925, and is situated on a unique double lot, highlighting the blend of classic architecture and modern luxury in a notable Miami neighborhood.
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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93