facebook
Traded Co logo
Submit

Balli Group Sells Coral Gables Single Family Home For $17 Million With Broker Stefano Balli

Property Image
SOLD
$17,000,000

Florida

See Similar Deals
Single Family8,934 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Balli Group Sells Coral Gables Single Family Home For $17 Million With Broker Stefano Balli

10840 Old Cutler Road

See Similar Deals
Single Family8,934 SF
Sold
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1902
Total Square Footage:8934 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located at 10840 Old Cutler Road in Coral Gables. The sale price was set at $17,000,000, with a total square footage of 8,934 and a price per square foot of $1,903.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $17,000,000
  • Address: 10840 Old Cutler Road
  • Market: Coral Gables
  • Square Footage: 8,934
  • Price Per Square Foot: $1,903
  • Seller: Balli Group
  • Broker: Stefano Balli - Compass
  • Architect: Giorgio Balli
  • Interior Designer: Adi Balli

Balli Group, the seller, is recognized as a vertically integrated luxury home builder focusing on creating some of South Florida’s most captivating residences, as noted by their broker, Stefano Balli.

Players

Stefano Balli
Compass
Stefano Balli
3 deals$32.9M volume
BROKER

Details

SOLD
IMAGE: Stefano Balli DATE: 07/12/2024 ADDRESS: 10840 Old Cutler Road MARKET: Coral Gables ASSET TYPE: Single Family SELLER: Balli Group (@TheBalliGroup) BROKER: Stefano Balli (@StefanoBalli_re) - Compass (@Compass) ARCHITECT: Giorgio Balli INTERIOR DESIGNER: Adi Balli SALE PRICE: $17,000,000 SF: 8,934 ~ PPSF: $1,903 NOTE FROM BROKER: Balli Group is a vertically integrated luxury home builder, specializing in curated some of South Florida’s most captivating residences.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$906,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$60,397.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$80,588.67
Annual Debt Service$967,064.08