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3581 East Glencoe Street, M...

Compass Acquires Coconut Grove Condo For $3.36M With Buyer's Rep Ivan Chorney & Seller's Rep Patrick Vysata
SOLD

Compass Acquires Coconut Grove Condo For $3.36M With Buyer's Rep Ivan Chorney & Seller's Rep Patrick Vysata

3581 East Glencoe Street, Miami, Florida 33133, United States

$3,360,000

$1,126/SF

Building Size

2,984 SF

Asset Type

Closing

Feb 23, 2022

AI

Located at 3581 E Glencoe in Coconut Grove, this condo was recently sold in a transaction. The property spans 2,984 square feet and features a vibrant atmosphere.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,360,000
  • Address: 3581 E Glencoe, Coconut Grove
  • Buyer: Milan Dubec
  • Buyer's Representative: Ivan Chorney & Michael Martirena - Compass
  • Seller's Representative: Patrick Vysata - Luxe Living Realty
  • Asking Price: $3,590,000
  • Square Footage: 2,984
  • Price per Square Foot: $1,126

Ivan Chorney and Michael Martirena, representing Compass, acted as the buyer's reps in this transaction. Meanwhile, Patrick Vysata, from Luxe Living Realty, served as the seller's rep. This deal demonstrates the successful collaboration between these professionals in closing real estate transactions.

Players

Michael Martirena

Compass

Broker

$317.5M

vol

25 deals

Broker

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

4.72%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93