facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

3080 Munroe Drive

Ernst Swietelsky's Coconut Grove Estate Under Contract For $38.5M In Miami
SOLDSingle Family

Ernst Swietelsky's Coconut Grove Estate Under Contract For $38.5M In Miami

3080 Munroe Drive

$38,500,000

$3,812/SF

Building Size

10,099 SF

Asset Type

Single Family

Closing

Jun 11, 2024

AI

A waterfront estate located at 3080 Munroe Drive in Coconut Grove has recently gone under contract in Miami. The property, spanning 10,099 square feet, was listed by seller Ernst Swietelsky for a price of $38,500,000, equating to a price per square foot of $3,812. This stunning single-family home offers luxurious living in a prime waterfront location.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $38,500,000
  • Address: 3080 Munroe Drive
  • Market: Miami

The deal was facilitated by brokers Fredrik Eklund and Lourdes Alatriste of Douglas Elliman. The property garnered significant attention, with its sale marking a notable achievement in the Miami real estate market. Notably, this transaction was part of the Eklund-Gomes luxe signed contracts report, standing out among 24 other luxury properties in Miami-Dade County that collectively amounted to $220.5 million in asking volume.

Players

Lourdes Alatriste

Douglas Elliman

Broker

$535.9M

vol

38 deals

Broker

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93