facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$14,900,000

Florida

See Similar Deals
Single Family9,000 SF
Sold 01/06/2025
the dealplayerscompscontact
Property Image
SOLD

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

4820 Southwest 86th Terrace

See Similar Deals
Single Family9,000 SF
Sold 01/06/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,655
Total Square Footage:9,000 SF
Transaction Type:Sale

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
Alex Pirez
24 deals$537.8M volume
BROKER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Alex Pirez DATE: 01/06/2025 ADDRESS: 4820 Southwest 86th Terrace MARKET: Coral Gables ASSET TYPE: Single Family ~ ACRES: 0.9 BROKER: Alex Pirez (@AlexPirez) - Mocca Group (@MoccaRealtyMiami) (@MoccaGroup) PRICE: $14,900,000 SF: 9,000 ~ PPSF: $1,656 NOTE: The 9,000-square-foot mansion at 4820 Southwest 86th Terrace in Miami’s Gables Estate neighborhood has found a buyer, making it the top contract in Miami-Dade last week. The five-bedroom, five-and-a-half-bath spec home is listed by Alex Pirez of Mocca Realty and was developed by an affiliate of Mocca Construction, which purchased the 0.9-acre lot for nearly $2 million in 2020.

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)

$794,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$52,936.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$70,633.60
Annual Debt Service$847,603.22