Ani Sanchez & Yedri Villafane Acquire Condo In Coconut Grove For $3.1M
2627 South Bayshore Drive, Miami, Florida 33133, United States
$3,100,000
$1,328/SF
Building Size
2,333 SF
Asset Type
—
Closing
Jun 28, 2022
AI
The recently closed transaction at 2627 S Bayshore Dr in Coconut Grove involved the sale of a condo. The property, spanning 2,333 square feet, was purchased for a total amount of $3,100,000. With a price per square foot of $1,329, the transaction was concluded on June 29, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,100,000
- Square footage: 2,333
- Address: 2627 S Bayshore Dr, Coconut Grove
Ani Sanchez & Yedri Villafane, representing One Sotheby's International Realty, acted as the buyer's representatives in this deal.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93