Justin Drexler Sells Coconut Grove Single Family Home For $6.7 Million With Brett Eaglstein & Eli Faitelson Representing
4024 Bonita Avenue
$6,700,000
$1,596/SF
Building Size
4,197 SF
Asset Type
Single Family Residence
Closing
Mar 9, 2026
AI
The property asset involved in this transaction is a single-family home located at 4024 Bonita Avenue, Miami. It features a total square footage of 4,197, with a sale price of $6,700,000, resulting in a price per square foot of $1,596.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $6,700,000
- Address: 4024 Bonita Avenue
- Market: Miami
- Square Footage: 4,197
- Price per Square Foot: $1,596
- Seller: Justin Drexler
- Seller's Representative: Brett Eaglstein & Eli Faitelson - The Chad Carroll Group - Compass
This sale is noted as the highest price per square foot for a brand new construction, single-family home in Coconut Grove for 2026, highlighting notable market activity and demand for such properties in the area.
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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93