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.
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