Updated Dec 4, 2024
Preeti Pande Denesuk And Matthew Denesuk Acquire Coral Gables Mansion From Nicholas Pérez For $3.9M
7228 Southwest 54th Court
$3,900,000
$1,092/SF
Building Size
3,571 SF
Asset Type
Single Family
Closing
Oct 7, 2024
About this deal
AI
The property involved in this transaction is located at 7228 Southwest 54th Court in Coral Gables. This single-family home was sold for $3,900,000 and encompasses 3,571 square feet, resulting in a price per square foot of $1,092.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,900,000
- Address: 7228 Southwest 54th Court
- Market: Coral Gables
- Square Footage: 3,571
- Price Per Square Foot: $1,092
- Buyer: Preeti Pande Denesuk - Plug Power; Matthew Denesuk - Royal Caribbean Group
- Seller: Nicholas Pérez - Related Group
- Buyer's Representative: Alexandra Lane & Christopher Wands - The Wands Team - Douglas Elliman
- Seller's Representative: Monica Defortuna - Fortune International Group
In this transaction, Nicholas Pérez sold his mansion, which had previously been purchased for $2 million. The deal was facilitated by representatives from Douglas Elliman and Fortune International Group, showcasing the involvement of established firms in the real estate market.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.9M for 3,571 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93