Maricel Gomez Sells Development Site In Coconut Grove For $9.25 Million With Edward Ferenczi And Alejandro Tabosky
3151 Southwest 32 Avenue, 3161 Southwest 32 Avenue, 3171 Southwest 32 Avenue, 3181 Southwest 32 Avenue & 3191 Southwest 32 Avenue
$9,250,000
$1,119/SF
Building Size
8,262 SF
Asset Type
Development Site
Closing
Jan 29, 2026
AI
The property asset, located at 3151, 3161, 3171, 3181 & 3191 McDonald St in Coconut Grove, is a development site that has been sold for $9,250,000. The total building square footage of the asset is 25,000, resulting in a price per building square foot of $370. The site also has a square footage of 8,262, with a price per square foot of $1,120.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $9,250,000
- Building Square Footage (BSF): 25,000
- Price per Building Square Foot (PPBSF): $370
- Square Footage (SF): 8,262
- Price per Square Foot (PPSF): $1,120
- Seller: Maricel Gomez
- Buyer's Representative: Alejandro Tabosky - Brokers Real Estate
- Seller's Representative: Edward Ferenczi - NuGen Realty LLC
- Date of Transaction: 01/30/2026
Key individuals involved in this transaction include Maricel Gomez as the seller, while Alejandro Tabosky represents the buyer in the deal. Edward Ferenczi serves as the seller's representative, facilitating this property exchange within the real estate market.
Players
Miami Development Site Market Snapshot
Boundary boundary · Development Site · 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