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5601 Arbor Lane

Updated Dec 4, 2024

Shahal Khan Acquires Single Family Property On Arbor Lane In Coral Gables For $9.9M
SOLDSingle Family

Shahal Khan Acquires Single Family Property On Arbor Lane In Coral Gables For $9.9M

5601 Arbor Lane

$9,875,000

$1,707/SF

Building Size

5,782 SF

Asset Type

Single Family

Closing

Jan 23, 2024

About this deal

AI

The property involved in this closed transaction is a single-family home located at 5601 Arbor Lane in Coral Gables. The property spans across 5,782 square feet and was sold for a price of $9,875,000, resulting in a price per square foot of $1,708.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $9,875,000
  • Square Footage: 5,782
  • Price per Square Foot: $1,708
  • Date: 01/23/2024
  • Address: 5601 Arbor Lane, Coral Gables

Shahal Khan was the buyer in this transaction, while Clinton Biondo was the seller. The buyer was represented by Jill Velarde from Waterfront Investment Real Estate.

Players

Jill Velarde

Waterfront Investment Real Estate

Broker

$9.9M

vol

1 deal

Broker

Coral Gables Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

Shahal Khan bought a home in Coral Gables for $9.9M in 2024. The full closing is on this page.

About $1.7K per square foot on a published $9.9M for 5,782 square feet (2024).

Visit Waterfront Investment Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.61%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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