Dynamo Hum LLC Acquires Single Family Property In Coconut Grove, Miami For $12.8M
Coconut Grove, Miami, Florida, United States
$12,800,000
$2,042/SF
Building Size
6,268 SF
Asset Type
Single Family Residence
Closing
Jan 26, 2022
AI
The recently closed property transaction in Coconut Grove, Miami involved a single-family home. The property, with a total area of 6,268 square feet, was sold for a price of $12,800,000, resulting in a price per square foot of $2,042. The transaction took place on January 26, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $12,800,000
- Square Footage: 6,268
- Price per Square Foot: $2,042
- Market: Coconut Grove, Miami
The buyer of the property was Dynamo Hum LLC, while the seller was Moorings Land Trust. Representing the buyer in the transaction was Jorge Uribe from ONE Sotheby’s International Realty. Anna Sherrill, also from ONE Sotheby’s International Realty, acted as the seller's representative.
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
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93