facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

3085 Munroe Drive

Updated Jan 6, 2026

Tropical Frontier Revocable Trust Acquires Waterfront Mansion From Sloan Barnett And Roger Barnett For $71.9M
SOLDSingle Family

Tropical Frontier Revocable Trust Acquires Waterfront Mansion From Sloan Barnett And Roger Barnett For $71.9M

3085 Munroe Drive

$71,900,000

$6,902/SF

Building Size

10,417 SF

Asset Type

Single Family

Closing

Jan 6, 2026

About this deal

AI

A 10,417-square-foot single-family waterfront mansion located at 3085 Munroe Drive in Coconut Grove has been sold off-market for $71.9 million. The property encompasses 0.94 acres and features seven bedrooms and 8.5 baths. This transaction reflects a price per square foot of $6,902, marking a notable increase from the $45.9 million purchase price in 2021 after major renovations.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $71,900,000
  • Address: 3085 Munroe Drive
  • Market: Coconut Grove
  • Square Footage: 10,417
  • Price per Square Foot: $6,902
  • Buyer: Tropical Frontier Revocable Trust
  • Seller: Sloan Barnett; Roger Barnett - Shaklee Corporation

The transaction involved the entities 3085 Munroe LLC, linked to Roger L. Barnett and Sloan Barnett, transitioning ownership to the Tropical Frontier Revocable Trust. The trustees for the trust are Benjamin David Babcock and Mary McFadden Quisenberry, overseeing the successful completion of the deal.

On the Map

Open live map

$71,900,000

$6,902/SF

Single Family

View full map

Players

Sloan Barnett

Seller

$45.9M

vol

1 deal

Seller
Bilt advertisement

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Deal FAQ

About $6.9K per square foot on a published $71.9M for 10,417 square feet (2026).

Visit Sloan Barnett to view all their deals.

Browse Miami single family sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets