Alessandro Scarsini Purchases Coral Gables Single Family Home For $13.325M With Brokers Miguel Solis & Lourdes Alatriste
361 Los Pinos Place
$13,325,000
$1,604/SF
Building Size
8,305 SF
Asset Type
Student Housing
Closing
Feb 3, 2025
AI
This asset is a single-family home located at 361 Los Pinos Place in the Coral Gables market. The property has a sale price of $13,325,000 and features a total square footage of 8,305, resulting in a price per square foot of $1,604.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $13,325,000
- Address: 361 Los Pinos Place
- Market: Coral Gables
- Square Footage: 8,305
- Price per Square Foot: $1,604
- Buyer: Alessandro Scarsini
- Brokers: Miguel Solis & Lourdes Alatriste - Douglas Elliman
Miguel Solis and Lourdes Alatriste, representing Douglas Elliman, facilitated the transaction for the buyer Alessandro Scarsini, who acquired the property.
Players
Coral Gables Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93