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4820 Southwest 86th Terrace

Alex Pirez Of Mocca Group Represents Buyer For Single Family Home In Coral Gables For $14.9M
SOLDSingle Family

Alex Pirez Of Mocca Group Represents Buyer For Single Family Home In Coral Gables For $14.9M

4820 Southwest 86th Terrace

$14,900,000

$1,655/SF

Building Size

9,000 SF

Asset Type

Single Family

Closing

Jan 6, 2025

AI

A 9,000-square-foot mansion located at 4820 Southwest 86th Terrace is now under contract. This single-family home, situated on a 0.9-acre lot in Coral Gables, is listed at a price of $14,900,000. The property consists of five bedrooms and five-and-a-half bathrooms.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $14,900,000
  • Square Footage: 9,000
  • Address: 4820 Southwest 86th Terrace
  • Market: Coral Gables
  • Price per Square Foot: $1,656
  • Brokers: Alex Pirez - Mocca Group
  • Property Development: Developed by an affiliate of Mocca Construction
  • Initial Lot Purchase: $2 million in 2020

Alex Pirez of Mocca Realty represents the seller in this transaction. The property has been recognized as the top contract in Miami-Dade for the previous week, highlighting its significance in the current market.

Players

Alex Pirez

Mocca Group

Broker

$537.8M

vol

24 deals

Broker

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93