One Sotheby's International Realty Sells Coral Gables Condo On Edgewater Drive For $9.25M
SOLD
$9,250,000
Florida
See Similar DealsCondo10 SF
SOLD
One Sotheby's International Realty Sells Coral Gables Condo On Edgewater Drive For $9.25M
60 Edgewater Drive, Coral Gables, Florida 33133, United States
See Similar DealsCondo10 SF
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$925,000
Total Square Footage:10 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$493,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,863.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,849.72
Annual Debt Service$526,196.63
Is there something missing? Send suggestions