Michael Johnson Sells Condo In Coconut Grove Miami For $2.285M With David Pulley And Yulia Skurikhina
2618 Trapp Avenue
$2,285,000
$955/SF
Building Size
2,391 SF
Asset Type
Condo
Closing
Jun 24, 2024
About this deal
AI
The condo located at 2618 Trapp Avenue in Coconut Grove, Miami, was recently sold for $2,285,000. Spanning 2,391 square feet, the property was transacted at a price per square foot of $956.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,285,000
- Address: 2618 Trapp Avenue, Coconut Grove, Miami
- Price Per Square Foot: $956
- Seller: Michael Johnson
- Buyer's Representative: Yulia Skurikhina - Julie's Realty
- Seller's Representative: David Pulley - Douglas Elliman
Yulia Skurikhina from Julie's Realty represented the buyer in the transaction, while the seller was represented by David Pulley from Douglas Elliman.
On the Map
$2,285,000
$955/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $955 per square foot on a published $2.3M for 2,391 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93