Updated Oct 14, 2026
Samuel Bissu Of Luxom Developments Sells Coconut Grove Single Family Home For $9.7M
1616 Onaway Drive
$9,700,000
$1,566/SF
Building Size
6,194 SF
Asset Type
Single Family Residence
Closing
Sep 30, 2026
About this deal
AI
The property involved in this transaction is a single-family home located at 1616 Onaway Drive in the Coconut Grove market. It was sold for a price of $9,700,000, comprising a living space of 6,194 square feet, which translates to a price per square foot of $1,566.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,700,000
- Address: 1616 Onaway Drive
- Market: Coconut Grove
- Square Footage: 6,194
- Price Per Square Foot: $1,566
- Seller: Samuel Bissu - Luxom Developments
- Broker: Jonathan Vega - One Sotheby’s International Realty
In this transaction, Samuel Bissu represented Luxom Developments as the seller of the property, while Jonathan Vega served as the broker for the sale through One Sotheby’s International Realty, aiding in the facilitation of this significant real estate deal.
On the Map
$9,700,000
$1,566/SF
Single Family Residence
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Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $9.7M for 6,194 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93