Kenneth T. Gorin And Samuel Burstyn Purchase Condo From Ugo Colombo For $12,410,852 In Miami
4 Grove Isle Drive
$12,410,852
Building Size
—
Asset Type
Condo
Closing
Apr 2, 2026
About this deal
AI
A penthouse located at 4 Grove Isle Drive in Miami has been sold in a recent transaction. The luxury condo unit was sold for $12,410,852. The sale was finalized on April 2, 2026.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,410,852
- Buyer: Kenneth T. Gorin & Samuel Burstyn
- Seller: Ugo Colombo - CMC Group
- Transaction Date: April 2, 2026
- Address: 4 Grove Isle Drive M04
- Market: Miami
The luxury condo unit was sold by Ugo Colombo, representing CMC Group. Kenneth T. Gorin and Samuel Burstyn were the parties who purchased the property in this transaction.
On the Map
$12,410,852
Condo
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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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93