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Jose Dans Jr & Heide K Dans Acquire Single Family Home In Coral Gables For $15.75M

Property Image
SOLD
$15,750,000

Florida

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Single Family9,839 SF
Sold 02/15/2024
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Property Image
SOLD

Jose Dans Jr & Heide K Dans Acquire Single Family Home In Coral Gables For $15.75M

5050 Pine Drive

See Similar Deals
Single Family9,839 SF
Sold 02/15/2024
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,600
Total Square Footage:9,839 SF
Transaction Type:Sale

 

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,750,000
  • SF: 9,839
  • PPSF: $1,601
  • Address: 5050 Pine Drive
  • Market: Coral Gables

 

Players

Tristan Alexander
3 deals$26.3M volume
BROKER

Jose Nicolas
Compass
5 deals$47M volume(305) 903-2050
BROKER

Details

SOLD
IMAGE: Jose Nicolas & Tristan Alexander DATE: 02/15/2024 ADDRESS: 5050 Pine Drive MARKET: Coral Gables ASSET TYPE: Single Family SELLER: Jose Dans Jr - Heide K Dans BROKERS: Tristan Alexander (@TristanAlexander14) & Jose Nicolas (@JoserNicolas) - Compass (@Compass) SALE PRICE: $15,750,000 SF: 9,839 ~ PPSF: $1,601

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

$840,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$55,956.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$74,663.04
Annual Debt Service$895,956.42