Barbara E Garrett Acquires Condo Unit In Miami, FL For $5.65M
60 Edgewater Dr, Coral Gables, Florida, USA
$5,650,000
$1,247/SF
Building Size
4,530 SF
Asset Type
—
Closing
Nov 22, 2021
About this deal
AI
The Condo Unit located at 60 Edgewater Dr in Miami, FL has been sold for $5,650,000. The property spans 4,530 square feet with a price per square foot of $1,247.
Summary of transaction details:
- Property Type: Condo Unit
- Transaction Amount: $5,650,000
- Square Feet: 4,530
- Price Per Square Foot: $1,247
- Address: 60 Edgewater Dr, Miami, FL
The buyer of the property is Barbara E Garrett, while the sellers are Kerrin F Bermont and Peter L Bermont.
The commercial sale at 60 Edgewater Dr, Coral Gables, Florida, USA in Coral Gables, Florida sold for $5.7M in 2021. The building is 4,530 square feet, implying about 1.2K per square foot on the published price. This page is the Coral Gables, Florida file for the 60 Edgewater Dr, Coral Gables, Florida, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Coral Gables sit in the Market section below. Filter that Coral Gables commercial set by closing date to see what else sold near 60 Edgewater Dr, Coral Gables, Florida, USA around 2021. Published consideration for 60 Edgewater Dr, Coral Gables, Florida, USA is $5.7M, dated 2021. Cite this Barbara E Garrett Acquires Condo Unit In Miami, FL For $5.65M sale when underwriting similar commercial product around Coral Gables, Florida.
Players
Coral Gables CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93