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Adrienne Arsht Sells 4 Acres Of Single Family Property In Coconut Grove, Miami For $106.9M

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SOLD
$106,900,000
Ashley Cusack
Jill Hertzberg

Florida

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Single Family Residence25,000 SF
Sold 09/02/2022
the dealplayerscompscontact
Property Image
SOLD

Adrienne Arsht Sells 4 Acres Of Single Family Property In Coconut Grove, Miami For $106.9M

3031 Brickell Avenue, Miami, Florida 33129, United States

See Similar Deals
Single Family Residence25,000 SF
Sold 09/02/2022
Ashley Cusack
Jill Hertzberg
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$4,276
Total Square Footage:25,000 SF
Transaction Type:Sale

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

Jill Hertzberg
Coldwell Banker
Jill Hertzberg
90 deals$2.4B volume
BROKER
Ashley Cusack
Berkshire Hathaway HomeServices
Ashley Cusack
2 deals$114.2M volume
BROKER

Details

SOLD
IMAGE: Jill Hertzberg & Ashley Cusack DATE: 09/02/2022 ADDRESS: 3031 & 3115 Brickell Avenue MARKET: Coconut Grove, Miami ASSET TYPE: Single Family ~ ACRES: 4 SELLER: Adrienne Arsht BUYER'S REP: Jill Hertzberg (@JillHertzberg) - The Jills Zeder Group (@JillsZederBeach) (@JillsZederGables) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Ashley Cusack (@AshleyCusackTeam) - Berkshire Hathaway HomeServices EWM Realty (@EWMRealty) SALE PRICE: $106,900,000 SF: 25,000 ~ PPSF: $4,276

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

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