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2930 Brickell Avenue, Miami...

Douglas Elliman Acquires SFR On Brickell Avenue Coconut Grove For $9.95M
SOLDSingle Family Residence

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

Angel Nicolas

Serhant

Broker

$158M

vol

18 deals

Broker
Andrew Rasken

Andrew Rasken

Seller

$71.5M

vol

4 deals

Seller

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