Adrienne Arsht Sells 4 Acres Of Single Family Property In Coconut Grove, Miami For $106.9M
3031 Brickell Avenue, Miami, Florida 33129, United States
$106,900,000
$4,276/SF
Building Size
25,000 SF
Asset Type
Single Family Residence
Closing
Sep 1, 2022
AI
The property involved in this transaction is located at 3031 & 3115 Brickell Avenue in Coconut Grove, Miami. It is a single-family home situated on approximately 4 acres of land. The sale of the property was facilitated by Adrienne Arsht as the seller.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $106,900,000
- Market: Coconut Grove, Miami
- Address: 3031 & 3115 Brickell Avenue
- SF: 25,000
- PPSF: $4,276
Jill Hertzberg from The Jills Zeder Group - Coldwell Banker acted as the buyer's representative in this transaction. On the other side, Ashley Cusack represented the seller as the seller's representative from Berkshire Hathaway HomeServices EWM Realty.
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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93