Updated Dec 21, 2023
Simon Derber Acquires SFR In Coconut Grove From Jaime Mengotti For $4.2M
3680 Stewart Avenue, Miami, Florida 33133, United States
$4,200,000
$765/SF
Building Size
5,488 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2022
About this deal
AI
A single-family home located at 3680 Stewart Ave in Coconut Grove was recently sold for a price of $4,200,000. The property spans 5,488 square feet, resulting in a price per square foot of $765.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,200,000
- Address: 3680 Stewart Ave
- Market: Coconut Grove
- Asset Type: Single-Family Home
The buyer in this transaction was Simon Derber, while the seller was Jaime Mengotti. Anamaria Velasquez from Nexxos Realty represented the seller in the deal.
On the Map
$4,200,000
$765/SF
Single Family Residence
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Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $765 per square foot on a published $4.2M for 5,488 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93