Jeffrey Levin's 6801 Granada Owner LLC Acquires Waterfront Mansion In Coral Gables For $23.4M
6801 Granada Boulevard
$23,400,000
$1,720/SF
Building Size
13,598 SF
Asset Type
Single Family
Closing
Apr 25, 2025
AI
A 1.9-acre waterfront mansion located at 6801 Granada Boulevard in Coral Gables has been sold for $23.4 million. The property spans an impressive 13,598 square feet, fetches a price per square foot of $1,721, and is situated in a prime market area.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,400,000
- Buyer: Jeffrey Levin - 6801 Granada Owner LLC
- Seller: Marco DeSouza - Weston Grove LLC
- Broker: Lourdes Alatriste - Douglas Elliman
- Lender: Valley National Bank
- Financing Amount: $19,430,000
The transaction involves key players such as broker Lourdes Alatriste from Douglas Elliman, representing the seller Weston Grove LLC, led by Marco DeSouza. The deal reflects a significant financial commitment with the backing of $19.43 million in financing from Valley National Bank.
Players
Coral Gables 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
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93