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3151 Southwest 32 Avenue

Maricel Gomez Sells Development Site In Coconut Grove For $9.25 Million With Edward Ferenczi And Alejandro Tabosky
SOLDDevelopment Site

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

Edward Ferenczi

NuGen Realty, LLC

Broker

$9.3M

vol

1 deal

Broker

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