facebook
Traded Co logo
Submit

Randy & Hilal Walker Acquire Coral Gables Condo For $7.3M With Reps Ashley Cusack & Allison Blumenthal

Property Image
SOLD
$7,300,000
Ashley Cusack
Allison Blumenthal

Florida

See Similar Deals
7,980 SF
Sold 09/27/2022
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
7,980 SF
Sold 09/27/2022
Ashley Cusack
Allison Blumenthal
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$914
Total Square Footage:7,980 SF
Transaction Type:Sale

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.

Players

Allison Blumenthal
Brown Harris Stevens
Allison Blumenthal
2 deals$17.9M volume
BROKER
Ashley Cusack
Berkshire Hathaway HomeServices
Ashley Cusack
2 deals$114.2M volume
BROKER

Details

SOLD
IMAGE: Ashley Cusack & Allison Blumenthal DATE: 09/27/2022 ADDRESS: 60 Edgewater Drive Unit TSE MARKET: Coral Gables ASSET TYPE: Condo BUYER: Randy & Hilal Walker SELLER: Marc Kovens BUYER'S REP: Ashley Cusack (@AshleyCusackTeam) - Berkshire Hathaway HomeServices EWM Realty (@BHHSFloridaRealty) SELLER'S REP: Allison Blumenthal (@AllisonBlumenthalRealtor) - Brown Harris Stevens (@BrownHarrisStevens) SALE PRICE: $7,300,000 SF: 7,980 ~ PPSF: $915

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$389,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,935.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,605.72
Annual Debt Service$415,268.69