The thesis

Why we bought this

A Coral Gables Country Club home listed by SunSt that went under contract in 15 days and closed above asking at $1.73M.

Above-asking sales are engineered before launch, not during negotiation. This Country Club section home closed at $1,730,000 after drawing an offer above the asking price within its first fifteen days on market. The listing strategy priced the home at a number the comparable sales could defend rather than a number that flattered the seller, prepared the property and photography before the first showing, and concentrated buyer attention into the opening two weekends. When more than one qualified buyer arrives in the same window, the market bids the price up on its own. That is the difference between overpricing and creating competition: one produces silence and reductions, the other produces an above-list contract in two weeks.

Highlights

What made this one work

  • $1,730,000 closing price
  • Closed above asking
  • ~15 days to contract
  • Coral Gables Country Club section
  • Listed and sold by SunSt
The asset

What you're buying

Address935 Malaga Ave, Coral Gables, FL 33134
CityCoral Gables
CountyMiami-Dade
Property typeSingle-Family Home
Year built1982
Gallery

Inside the property

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The numbers

The math behind the deal

Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers

See the cap rate, rent roll, comps & exits

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Plain English

What the numbers mean

Sale-to-list ratio is the honest scorecard of a listing strategy. Closing above the asking price in the first weeks means the launch price was set to generate competition, not to leave room for markdowns.

Note

From the agent

SunSt prepared, priced, and launched the listing, managed showings, offer competition, and closing.

Takeaway

The bottom line

The above-asking result was decided the day the launch price was set.

Selling in the Gables? Request a launch and pricing analysis from SunSt before you go to market.

FAQ

Common questions

How fast did 935 Malaga Ave sell?+

The home went under contract approximately fifteen days after launch and closed at $1,730,000, above the asking price.

How does a home sell above asking?+

By pricing at a defensible number and concentrating qualified buyers into the launch window so they compete. The market, not the seller, pushes the final price up.

Who handled the sale?+

SunSt Real Estate represented the seller as the listing brokerage.

Represented by
SunSt prepared, priced, and launched the listing, managed showings, offer competition, and closing.
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All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.