Sloan Barnett And Roger Barnett Acquire Coconut Grove Single Family Home For $45.9M
3085 Munroe Drive, Northeast Coconut Grove, Miami, FL, USA
$45,900,000
$4,406/SF
Building Size
10,417 SF
Asset Type
Single Family Residence
Closing
Apr 27, 2021
AI
The single-family property located at 3085 Munroe Drive in Coconut Grove, Miami has been sold in a closed transaction. It was purchased by Sloan Barnett and Roger Barnett, representing Shaklee Corporation, for a price of $45,900,000 from Jorge Mas, who is associated with MasTec. The deal was facilitated by Christopher Boyett, who served as the buyer's representative, while Maurice Boschetti of Boschetti Realty Group represented the seller.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $45,900,000
- Buyer: Sloan Barnett; Roger Barnett - Shaklee Corporation
- Seller: Jorge Mas - MasTec
- Buyer's Representative: Christopher Boyett
- Seller's Representative: Maurice Boschetti - Boschetti Realty Group
Notable individuals involved in this transaction include Sloan Barnett and Roger Barnett, who represent Shaklee Corporation as the buyers. On the seller's side, Jorge Mas, associated with MasTec, finalized the deal with the assistance of Maurice Boschetti from the Boschetti Realty Group. The sale price of $45,900,000 was successfully negotiated, making this a significant transaction in the Coconut Grove market of 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93