Updated Nov 19, 2025
Gonzalo Velasquez Sells Coconut Grove Single Family Home For $3 Million With Fernanda Moreno As The Broker
3656 Douglas Road, Coconut Grove, Florida 33131
$3,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Oct 30, 2025
About this deal
AI
This single-family home, located at 3565 Douglas Rd in the Coconut Grove market, was sold for $3,000,000. The property includes a total area of 7,056 square feet and sits on a substantial 14,000 square foot double lot. The price per square foot comes to $425, with the sale finalized on October 31, 2025.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,000,000
- Broker: Fernanda Moreno - Douglas Elliman
- Seller: Gonzalo Velasquez
- Building Square Footage: 7,056
- Price per Square Foot: $425
- Lot Size: 14,000 SF
Fernanda Moreno represented the seller, Gonzalo Velasquez, in this transaction. The broker noted that the property comes with approved plans to build a contemporary masterpiece, featuring 7 bedrooms, 9 bathrooms, a laundry room, and a 2-car garage. The design emphasizes luxurious living with a spacious open layout and expansive indoor-outdoor flow.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93