SOLD
Coldwell Banker Acquires SFR In Coconut Grove, Miami For $9.35M
3650 Stewart Ave
Building Size
—
Asset Type
—
Closing
Jul 29, 2022
About this deal
AI
The single-family residence located at 3650 Stewart Ave in Coconut Grove, Miami has been sold for a transaction amount of $9,350,000. The property spans over an area of 7,426 square feet, resulting in a price per square foot of $1,259.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $9,350,000
- Address: 3650 Stewart Ave, Coconut Grove, Miami
- Market: Coconut Grove, Miami
- Buyer's Representative: Judy Zeder - Coldwell Banker
- Seller's Representative: Maurice Boschetti - Boschetti Realty Group
Judy Zeder from Coldwell Banker represented the buyer in this transaction, while Maurice Boschetti from Boschetti Realty Group represented the seller.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93