Josue Navarro Acquires Resi Condo In Coconut Grove, Miami For $4.3M
Hiawatha Ave, Coconut Grove, FL, USA
$4,300,000
$914/SF
Building Size
4,700 SF
Asset Type
—
Closing
Jan 17, 2021
AI
The residential condominium located at 3535 Hiawatha Ave in Coconut Grove, Miami has been sold for a sale price of $4,300,000. With a total area of 4,700 square feet, the property offers a price per square foot of $915. The transaction took place on January 18, 2021.
Summary of transaction details
- Property Type: Residential Condominium
- Transaction Amount: $4,300,000
- Address: 3535 Hiawatha Ave, Coconut Grove, Miami
- Square Footage: 4,700
- Price per Square Foot: $915
The buyer of the property is Josue Navarro. Eva Garzon and Jessica Wolf, representing the buyer, facilitated the transaction as brokers.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93