Randy & Hilal Walker Acquire Coral Gables Condo For $7.3M With Reps Ashley Cusack & Allison Blumenthal
60 Edgewater Drive, Coral Gables, Florida 33133, United States
$7,300,000
$914/SF
Building Size
7,980 SF
Asset Type
—
Closing
Sep 26, 2022
About this deal
AI
A luxury condo located at 60 Edgewater Drive Unit TSE in Coral Gables has been sold for $7,300,000. The property spans across 7,980 square feet and has a price per square footage of $915. The sale took place on September 27, 2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $7,300,000
- Address: 60 Edgewater Drive Unit TSE, Coral Gables
- Market: Coral Gables
Randy and Hilal Walker are the buyers of this magnificent condo, while Marc Kovens acted as the seller. Ashley Cusack, representing Berkshire Hathaway HomeServices EWM Realty, assisted Randy and Hilal Walker in the purchase process. Allison Blumenthal from Brown Harris Stevens represented Marc Kovens as the seller's representative.
On the Map
$7,300,000
$914/SF
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Players
Coral Gables 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93