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Preeti Pande Denesuk And Matthew Denesuk Acquire Coral Gables Mansion From Nicholas Pérez For $3.9M

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SOLD
$3,900,000

Florida

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Single Family3,571 SF
Sold 10/07/2024
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SOLD

Preeti Pande Denesuk And Matthew Denesuk Acquire Coral Gables Mansion From Nicholas Pérez For $3.9M

7228 Southwest 54th Court

See Similar Deals
Single Family3,571 SF
Sold 10/07/2024
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,092
Total Square Footage:3,571 SF
Transaction Type:Sale

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:

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

Christopher Wands
7 deals$66.2M volume
BROKER

Alexandra Lane
Douglas Elliman
1 deal$3.9M volume(305) 469-9144
BROKER

Monica Defortuna
Fortune International Group
2 deals$5.6M volume(305) 857-3634
BROKER

Details

SOLD
IMAGE: Christopher Wands, Matthew Denesuk, Nicholas Pérez, Alexandra Lane, Preeti Pande Denesuk & Monica Defortuna DATE: 10/07/2024 ADDRESS: 7228 Southwest 54th Court MARKET: Coral Gables ASSET TYPE: Single Family BUYER: Preeti Pande Denesuk - Plug Power; Matthew Denesuk - Royal Caribbean Group SELLER: Nicholas Pérez - Related Group (@Related_Group) BUYER'S REP: Alexandra Lane (@Lanesielex) & Christopher Wands (@Chris_Wands) - The Wands Team (@TheWandsTeam) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Monica Defortuna (@TheDefortunaGroup) - Fortune International Group (@FortuneInternationalRealty) SALE PRICE: $3,900,000 SF: 3,571 ~ PPSF: $1,092 NOTE: Nicholas Pérez sold his Coral Gables-area mansion for $3.9 million to Plug Power CMO Preeti Pande Denesuk and Royal Caribbean Group SVP Matthew Denesuk. The deal, handled by Douglas Elliman’s Wands Team and Fortune International’s Monica Deforttuna, saw the home increase in value from its previous $2 million sale.

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

$208,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88