Updated Dec 18, 2023
Coldwell Banker Acquires SFR In Coconut Grove, Miami For $9.35M
3650 Stewart Avenue, Miami, Florida 33133, United States
$9,350,000
$1,259/SF
Building Size
7,426 SF
Asset Type
Single Family Residence
Closing
Jul 28, 2022
About this deal
AI
A single-family residential property located at 3650 Stewart Ave in Coconut Grove, Miami, was recently sold. The transaction took place on 07/29/2022, and the property was sold for a price of $9,350,000. The property spans approximately 7,426 square feet, resulting in a price per square foot of $1,259. The sale was facilitated by Maurice Boschetti from Boschetti Realty Group acting as the seller's representative, while Judy Zeder from Coldwell Banker represented the buyer.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $9,350,000
- Address: 3650 Stewart Ave, Coconut Grove, Miami
- Market: Coconut Grove, Miami
- Square Footage: 7,426
- Price per Square Foot: $1,259
- Seller's Representative: Maurice Boschetti - Boschetti Realty Group
- Buyer's Representative: Judy Zeder - Coldwell Banker
Judy Zeder, from Coldwell Banker, represented the buyer in this transaction. She played a vital role in negotiating and completing the sale of the property. On the other hand, Maurice Boschetti, from Boschetti Realty Group, acted as the seller's representative. His expertise and experience in the real estate industry contributed to a successful transaction. The involvement of these key individuals highlights their dedication to ensuring a smooth and satisfactory deal for both the buyer and the seller.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $9.4M for 7,426 square feet (2022).
Visit Judith "Judy" Zeder to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.70%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93