Belo Mare Investment Inc Purchases Condo From Ugo Colombo For $9.257 Million In Miami
4 Grove Isle Drive
$9,257,000
Building Size
—
Asset Type
Condo
Closing
Jan 8, 2026
About this deal
AI
A condo located at 4 Grove Isle Drive in Miami was involved in the recent transaction. It was purchased for $9,257,000 on January 8, 2026. The sale reflects activity in Miami’s luxury condo market.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $9,257,000
- Buyer: Belo Mare Investment Inc
- Seller: Ugo Colombo - CMC Group
- Transaction Date: January 8, 2026
The buyer represents Belo Mare Investment Inc, while Ugo Colombo is affiliated with the CMC Group as the seller in this transaction. The exchange highlights the ongoing interest in luxury properties within the Miami area.
On the Map
$9,257,000
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93