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Coconut Grove, Miami, Flori...

Dynamo Hum LLC Acquires Single Family Property In Coconut Grove, Miami For $12.8M
SOLDSingle Family Residence

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

Jorge Uribe

Sotheby's International Realty

Broker

$187.4M

vol

11 deals

Broker
The Keyes Company
The Keyes CompanyBrokerage
Compass
CompassBrokerage

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