Grovy LLC Acquires Condo At 4 Grove Isle Drive Miami From Ugo Colombo For $4.49M
4 Grove Isle Drive
$4,491,093
Building Size
—
Asset Type
Condo
Closing
Jan 8, 2026
About this deal
AI
A condo located at 4 Grove Isle Drive in Miami has been sold for $4,491,093. The property is a significant asset in the luxury condo sector of Miami. The sale reflects the ongoing demand for high-end residences in this market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,491,093
- Buyer: Grovy LLC
- Seller: Ugo Colombo - CMC Group
- Sale Date: January 8, 2026
Grovy LLC is the buyer in this transaction, acquiring the condo from Ugo Colombo, who is associated with CMC Group. This deal highlights the active participation of prominent entities in Miami's real estate landscape.
On the Map
$4,491,093
Condo
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Players
Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93