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4 Grove Isle Drive

Elena Skvortsova And Maximilian Maruna Acquire Land At 4 Grove Isle Dr For $19.8M
SOLDCondo

Elena Skvortsova And Maximilian Maruna Acquire Land At 4 Grove Isle Dr For $19.8M

4 Grove Isle Drive

$19,800,000

Building Size

Asset Type

Condo

Closing

Feb 24, 2026

AI

A land parcel located at 4 Grove Isle Dr, Miami was sold for $19,800,000. This transaction took place on February 24, 2026, highlighting the ongoing demand for residential development in the exclusive Grove Isle area of Miami.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $19,800,000
  • Buyer: Elena Skvortsova & Maximilian Maruna
  • Seller: Ugo Colombo - CMC Group
  • Buyer’s Representative: Snizhana Grimaldi - Real Estate Sales Force (RESF)

Elena Skvortsova and Maximilian Maruna acquired the land from Ugo Colombo, representing CMC Group in the sale, with Snizhana Grimaldi acting as the buyer's representative in this transaction.

Players

Snizhana Grimaldi

Real Estate Sales Force (RESF)

Broker

$19.8M

vol

1 deal

Broker
Ugo Colombo

Ugo Colombo

CMC Group

Seller

$860M

vol

22 deals

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.80%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93