Josue Navarro Acquires Resi Condo In Coconut Grove, Miami For $4.3M
SOLD
$4,300,000
Florida
See Similar Deals4,700 SF
Sold 01/18/2021
SOLD
Josue Navarro Acquires Resi Condo In Coconut Grove, Miami For $4.3M
Hiawatha Ave, Coconut Grove, FL, USA
See Similar Deals4,700 SF
Sold 01/18/2021
Summary
FLORIDA
Price Per Square Foot:$914
Total Square Footage:4,700 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
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