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Coral Gables, FL, USA

Tarigh Yusufi Acquires Single Family Home In Coral Gables For $11.8M
SOLDSingle Family

Tarigh Yusufi Acquires Single Family Home In Coral Gables For $11.8M

Coral Gables, FL, USA

$11,800,000

$1,149/SF

Building Size

10,264 SF

Asset Type

Single Family

Closing

Apr 30, 2021

AI

A single family property in Coral Gables has been sold for a price of $11,800,000. This impressive property spans across 10,264 square feet, with a price per square foot of $1,150. The transaction took place on April 30, 2021.

Summary of transaction details

Tarigh Yusufi of Steadfast Capital Management was the buyer, while Rishi Kapoor of Location Ventures served as the seller. Ian Krawiecki Gazes, representing Compass, represented the buyer, and Jorge Uribe, from One Sotheby’s International Realty, represented the seller. These individuals and companies played key roles in facilitating the sale of this Coral Gables property.

Players

Jorge Uribe

Sotheby's International Realty

Broker

$187.4M

vol

11 deals

Broker
Rishi Kapoor

Rishi Kapoor

Location Ventures

Seller

$1.9B

vol

16 deals

Seller

Coral Gables Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.34%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93