Updated Oct 29, 2024
Mario Cristobal - University Of Miami Acquires Single Family Property In Coral Gables For $7.9M
Coral Gables, Florida, United States
$7,900,000
$894/SF
Building Size
8,829 SF
Asset Type
Single Family
Closing
Apr 28, 2022
About this deal
AI
A single family property located in Coral Gables has been sold for $7,900,000. Spanning across 1.1 acres of land, the property offers a spacious living area of 8,829 square feet. The sale price per square foot is $895.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,900,000
- Market: Coral Gables
- Acres: 1.1
- Buyer: Mario Cristobal - University of Miami
- Seller: Emily McLellan & Robert Scott McLellan
- Buyer's Representative: Diana Gutierrez - Mocca Realty
- Seller's Representative: Angel Nicolas - Compass
The buyer of the property is Mario Cristobal, representing the University of Miami, while the sellers are Emily McLellan and Robert Scott McLellan. Diana Gutierrez, from Mocca Realty, acted as the buyer's representative, and Angel Nicolas, from Compass, represented the sellers in the deal.
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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93