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4146 Poinciana Avenue, Miam...

Giulio Palombo & Oindrila Mukherjee Acquire Coconut Grove SFR For $2.45M
SOLDSingle Family Residence

Giulio Palombo & Oindrila Mukherjee Acquire Coconut Grove SFR For $2.45M

4146 Poinciana Avenue, Miami, Florida 33133, United States

$2,450,000

$698/SF

Building Size

3,506 SF

Asset Type

Single Family Residence

Closing

Jan 26, 2022

AI

A single-family home located at 4146 Poinciana Avenue in Coconut Grove, Miami, was recently sold for $2,450,000. The property spans 3,506 square feet, resulting in a price per square foot of $699. The sale took place on December 30, 2021.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $2,450,000

The buyers of the property are Giulio Palombo and Oindrila Mukherjee. The sellers are George Rutgers and Jan Koos Oostdijk. Jill Penman, representing One Sotheby's International Realty, acted as the seller's representative in this transaction.

It is worth noting that the property sold for $175,000 over the asking price, which demonstrates the strong demand in the current Miami market. If you are looking to sell your property in this hot market, you can contact Jill Penman at 305-807-9199 today.

Players

Jill Penman

Sotheby's International Realty

Broker

$28M

vol

6 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

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93