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5201 Oak Lane

Updated Sep 9, 2024

Frank Joseph Gonzalez Esposito & Marc David Troisi Acquire Single Family Home In Coral Gables For $12.4M
SOLDSingle Family

Frank Joseph Gonzalez Esposito & Marc David Troisi Acquire Single Family Home In Coral Gables For $12.4M

5201 Oak Lane

$12,400,000

$1,569/SF

Building Size

7,900 SF

Asset Type

Single Family

Closing

Mar 29, 2023

About this deal

AI

The property involved in this transaction is a single-family home located at 5201 Oak Lane in Coral Gables. Situated on approximately 1.4 acres of land, the property offers a spacious living space of 7,900 square feet. The sale took place on 03/29/2023.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $12,400,000
  • Market: Coral Gables
  • Address: 5201 Oak Lane
  • Land Size: 1.4 acres

The buyer of the property is Frank Joseph Gonzalez Esposito and Marc David Troisi, while Natalie Schwartz and Jeff Schwartz served as the sellers. The buyer was represented by Carl Gambino from Compass, and the seller's representation was provided by Oren Alexander and Jennifer Goldstein.

The property was sold at a price of $12,400,000, resulting in a price per square foot of $1,570. The transaction showcases the successful collaboration between the various parties involved, highlighting the expertise and professionalism of the buyer's and seller's representatives.

Players

Oren Alexander

Official

Broker

$2B

vol

106 deals

Broker

Pleasantville Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $12.4M for 7,900 square feet (2023).

Visit Carl Gambino to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.28%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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