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Ani Sanchez & Yedri Villafane Acquire Condo In Coconut Grove For $3.1M

Property Image
SOLD
$3,100,000
Yedri Villafane
Ani Sanchez

Florida

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2,333 SF
Sold 06/29/2022
the dealplayerscompscontact
Property Image
SOLD

Ani Sanchez & Yedri Villafane Acquire Condo In Coconut Grove For $3.1M

2627 South Bayshore Drive, Miami, Florida 33133, United States

See Similar Deals
2,333 SF
Sold 06/29/2022
Yedri Villafane
Ani Sanchez
the dealplayerscompscontact
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Summary

FLORIDA
Price Per Square Foot:$1,328
Total Square Footage:2,333 SF
Transaction Type:Sale

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

Ani Sanchez
Sotheby's International Realty
Ani Sanchez
6 deals$21M volume
BROKER
Yedri Villafane
Sotheby's International Realty
Yedri Villafane
6 deals$21M volume
BROKER

Details

SOLD
IMAGE: Ani Sanchez & Yedri Villafane DATE: 06/29/2022 ADDRESS: 2627 S Bayshore Dr MARKET: Coconut Grove ASSET TYPE: Condo BUYER'S REP: Ani Sanchez (@AnimSanchezc) & Yedri Villafane (@YedriVillafane) - (@TheAMSTeam) - One Sotheby’s International Realty (@ONESIR) SALE PRICE: $3,100,000 SF: 2,333 ~ PPSF: $1,329

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$165,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98