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Sagun Tulo Acquires Coral Gables Single Family Home From Nathan Diamond For $4.85M

Property Image
SOLD
$4,850,000

Florida

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Single Family Residence5,411 SF
Sold 10/03/2025
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Property Image
SOLD

Sagun Tulo Acquires Coral Gables Single Family Home From Nathan Diamond For $4.85M

5465 Banyan Trail

See Similar Deals
Single Family Residence5,411 SF
Sold 10/03/2025
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$896
Total Square Footage:5,411 SF
Transaction Type:Sale

A Single Family home located at 5465 Banyan Trail in Coral Gables has been sold. The transaction closed for a price of $4,850,000 and the property boasts a square footage of 5,411, resulting in a price per square foot of $896.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $4,850,000
  • Square Footage: 5,411
  • Price per Square Foot: $896
  • Buyer: Sagun Tulo
  • Seller: Nathan Diamond
  • Broker: Frank Lustig - Compass

Nathan Diamond, known for representing notable clients, sold his longstanding home to an undisclosed buyer. Frank Lustig facilitated the transaction, successfully representing both the buyer and the seller to ensure a smooth closing process.

Players

Frank Lustig
7 deals$25.6M volume(754) 301-1547
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Frank Lustig DATE: 10/03/2025 ADDRESS: 5465 Banyan Trail MARKET: Coral Gables ASSET TYPE: Single Family BUYER: Sagun Tulo SELLER: Nathan Diamond BROKER: Frank Lustig (@FrankyLustig) - Compass (@Compass) SALE PRICE: $4,850,000 SF: 5,411 ~ PPSF: $896 NOTE FROM BROKER: Legendary Criminal Defense Attorney Nathan Diamond (represented Miami’s Cocaine Queen Griselda Blanco & Michael Corleone) sold his longtime Coral Gables home to an undisclosed buyer. Frank Lustig was representing both sides and securing a successful & smooth closing.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$258,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,231.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,991.47
Annual Debt Service$275,897.69