Eduardo Pellico Acquires SFR In Coconut Grove, Miami For $3.4M
3500 East Glencoe Street, Miami, Florida 33133, United States
$3,400,000
$940/SF
Building Size
3,617 SF
Asset Type
Single Family Residence
Closing
Jul 10, 2022
AI
A single-family home located in Coconut Grove, Miami was recently sold for a total of $3,400,000. The property, situated at 3500 E Glencoe St, encompasses a total area of 3,617 square feet. This amounts to a price per square foot of $940, highlighting the value of the home in the market. The transaction took place on 07/11/2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,400,000
- Address: 3500 E Glencoe St
- Market: Coconut Grove, Miami
The buyer of the property is Eduardo Pellico. On the other hand, Zubin Kassamali served as the seller. Karen Elmir, from One Sotheby's International Realty, represented the seller in the deal as their representative. These individuals played crucial roles in the successful conclusion of the transaction.
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93