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3500 East Glencoe Street, M...

Eduardo Pellico Acquires SFR In Coconut Grove, Miami For $3.4M
SOLDSingle Family Residence

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.

Players

Karen Elmir

Sotheby's International Realty

Broker

$64.9M

vol

12 deals

Broker

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