David Simmonds Franks Purchases Condo From Mayi De La Vega For $9.6M In Coconut Grove

The property asset involved in the transaction is a condominium located at 2627 South Bayshore Drive Unit 2702, in the market of Coconut Grove, Florida. The sale price of the condo was $9,600,000, with a total area of 4,370 square feet, resulting in a price per square foot of $2,197.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $9,600,000
• Buyer: David Simmonds Franks
• Seller: Mayi de la Vega - One Sotheby’s International Realty
• Brokers: Saddy Abaunza Delgado - One Sotheby’s International Realty; Susie Parkin - Sotheby's International Realty

Mayi de la Vega, the seller, is the founder and executive chair of One Sotheby’s International Realty, and the transaction was noted as an off-market deal. Saddy Abaunza Delgado represented the buyer, David Simmonds Franks, through a referral from Susie Parkin, who is associated with Sotheby's International Realty in Greenwich.