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
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