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60 Edgewater Drive, Coral G...

One Sotheby's International Realty Sells Coral Gables Condo On Edgewater Drive For $9.25M
SOLDCondo

One Sotheby's International Realty Sells Coral Gables Condo On Edgewater Drive For $9.25M

60 Edgewater Drive, Coral Gables, Florida 33133, United States

$9,250,000

$925,000/SF

Building Size

10 SF

Asset Type

Condo

Closing

Apr 17, 2023

AI

The property involved in this closed transaction is a condominium located at 60 Edgewater Drive, Unit TS-A, in the market of Coral Gables. The condo has a total area of 10,190 square feet and was sold for a price of $9,250,000. The price per square foot for this transaction is $908.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $9,250,000
  • Square Footage: 10,190
  • Address: 60 Edgewater Drive Unit TS-A, Coral Gables
  • Market: Coral Gables

The deal was facilitated by Dennis Carvajal and Saddy Delgado, both representing One Sotheby’s International Realty. They acted as the brokers in this transaction, ensuring a successful sale of the condominium at 60 Edgewater Drive.

Players

Saddy Abaunza Delgado

Sotheby's International Realty

Broker

$159.8M

vol

11 deals

Broker

Coral Gables 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

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93