Updated Oct 29, 2024
Ravi Chopra's Azora Capital Acquires Single Family Property In Coconut Grove For $5.1M
Coconut Grove, Miami, Florida, United States
$5,100,000
$1,071/SF
Building Size
4,758 SF
Asset Type
Single Family Residence
Closing
Feb 16, 2022
About this deal
AI
A single-family property located in Coconut Grove was recently sold for a price of $5,100,000. The property spans over an area of 0.4 acres and offers a total living space of 4,758 square feet. With a price per square foot of $1,072, this property presents a considerable investment opportunity. The transaction took place on February 16, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,100,000
- Market: Coconut Grove
- Acres: 0.4
Ravi Chopra from Azora Capital acted as the buyer in this transaction. On the other hand, Almon Glenn Braswell Jr. served as the seller. Jennifer Goldstein from The Alexander Team at Douglas Elliman represented the buyer, while Rosie Cruz-Sotero from The Keyes Company represented the seller. These individuals played crucial roles in facilitating the successful completion of the deal.
On the Map
$5,100,000
$1,071/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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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93