Brett Eaglstein Acquires Coconut Grove Condo For $2.9M
2821 South Bayshore Drive, Miami, FL 33133, USA
$2,900,000
$994/SF
Building Size
2,917 SF
Asset Type
—
Closing
Jun 25, 2020
About this deal
AI
A condo located at 2821 S Bayshore Dr Unit 14D in Coconut Grove, Miami has been sold in a recent transaction. The property, measuring 2,917 square feet, features a stunning view and is situated in a desirable location in the market. The sale took place on June 25, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,900,000
- Asking Price: $3,280,000
- Square Footage: 2,917
- Price per Square Foot: $994
The buyer's representative in this transaction was Brett Eaglstein from the Chad Carroll Group of Compass. On the other hand, the seller's representatives were Matias Alem and Christina West Alem from BRG International LLC.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $994 per square foot on a published $2.9M for 2,917 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93