facebook
Traded Co logo
Submit

Pablo Ehlers Recio Acquires Mixed-Use Property In Coconut Grove From Michael Vastine For $775,000

Property Image
SOLD
$775,000

Florida

See Similar Deals
Mixed-use943 SF
Sold 05/29/2026
the dealplayerscompscontact
Property Image
SOLD

Pablo Ehlers Recio Acquires Mixed-Use Property In Coconut Grove From Michael Vastine For $775,000

2666 Tigertail Avenue

See Similar Deals
Mixed-use943 SF
Sold 05/29/2026
Contact now

Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$821
Total Square Footage:943 SF
Transaction Type:Sale

A mixed-use property located at 2666 Tigertail Avenue in the Coconut Grove market has been sold for $775,000. The property comprises 943 square feet, with a price per square foot of $821. This sale marks a significant transaction in the real estate market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $775,000
  • Units: 1
  • Square Feet: 943
  • Price Per Square Foot: $821
  • Buyer: Pablo Ehlers Recio
  • Seller: Michael Vastine
  • Seller's Representative: Brenda Valdes - Compass

The transaction set a record for the highest price ever achieved in the building, indicating a 121% increase in value since 2020. The expertise of Brenda Valdes in real estate sales played a crucial role in this record-setting deal, illustrating the strength of marketing and strategic negotiation within the luxury market of Miami.

Players

BROKERAGE

Details

SOLD
IMAGE: Brenda Valdes DATE: 05/29/2026 ADDRESS: 2666 Tigertail Avenue MARKET: Coconut Grove ASSET TYPE: Mixed-use BUYER: Pablo Ehlers Recio SELLER: Michael Vastine SELLER'S REP: Brenda Valdes (@B.miamireal) - Compass (@Compass) SALE PRICE: $775,000 UNITS: 1 ~ PPU: $775,000 SF: 943 ~ PPSF: $821 NOTE FROM SELLER'S REP: 🚨 Record-Breaking Sale in Coconut Grove 🏡✨ Just closed a record-breaking sale at 2666 Tigertail Ave, setting a new benchmark for the building and showcasing the continued strength of Coconut Grove’s luxury market. This boutique condo sold for $775,000 — a 121% increase in value since 2020 and the highest price ever achieved in the building. 📈 Today’s buyers are paying a premium for walkability, lifestyle, architecture, and prime Grove locations. Strong marketing, strategic pricing, and skilled negotiation continue to drive exceptional results in Miami luxury real estate. Thinking about selling in Coconut Grove or Miami? Let’s connect. 📲 @b.miamireal

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$41,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,753.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,673.90
Annual Debt Service$44,086.74