Douglas Elliman Acquires SFR On Brickell Avenue Coconut Grove For $9.95M
2930 Brickell Avenue, Miami, FL 33129
$9,950,000
$1,020/SF
Building Size
9,753 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
AI
A single-family residence located at 2930 Brickell Avenue in Coconut Grove has been sold for $9,950,000. The property spans 9,753 square feet, resulting in a price per square foot of $1,020. The sale took place on December 8, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,950,000
- Address: 2930 Brickell Avenue
- Market: Coconut Grove
The seller of the property was ARD 2930 LLC, represented by Andrew Rasken. The buyer was represented by Juan Jose Velasquez and Margarita Sanclemente from Douglas Elliman. The seller's representative in the deal was Angel Nicolas from Compass.
It's important to note that the property had an asking price of $9,750,000. However, it was ultimately sold for $9,950,000.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93