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
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