Updated Oct 28, 2024
Gunther Corp. Sells SFR On Brickell Avenue In Miami For $29M With Assouline Team & Johnston
3029 Brickell Avenue
$29,000,000
$3,649/SF
Building Size
7,947 SF
Asset Type
Single Family Residence
Closing
Dec 27, 2021
About this deal
AI
Located on Brickell Avenue in Miami, this single-family residence (SFR) has recently been sold in a record-breaking transaction. The property, situated at 3029 Brickell Avenue, offers a total of 7,947 square feet of living space. The sale price for this impressive property was $29,000,000, resulting in a price per square foot (PPSF) of $3,649.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $29,000,000
- Address: 3029 Brickell Avenue, Miami
- Market: Miami
The seller, Gunther Corp., was represented by Maurizio Man. The buyer was represented by Julian Johnston from The Corcoran Group. Ruthie Assouline and Ethan Assouline, from Compass, acted as the seller's representatives in this deal.
This transaction conducted by the Assouline Team has gained significant attention worldwide, generating over 6 billion impressions and counting. It marks another milestone for the team in Miami.
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
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93