Timothy J. Carver Of GQG Partners Purchases Coconut Grove Mansion From Greg Herskowitz For $16.5M
3467 North Mooring Way
$16,500,000
$2,632/SF
Building Size
6,268 SF
Asset Type
Single Family
Closing
Jan 22, 2026
AI
The property involved in this transaction is a single-family home located at 3467 North Mooring Way in Miami, which encompasses 0.66 acres. The property features a total of 6,268 square feet and was sold for $16,500,000, translating to a price per square foot of $2,632.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $16,500,000
- Address: 3467 North Mooring Way
- Market: Miami
- Square Footage: 6,268
- Price per Square Foot: $2,632
- Buyer: Timothy J. Carver - GQG Partners
- Seller: Greg Herskowitz - Sir Balto LLC
- Brokers: Daniel Hertzberg & Judith Zeder - Jills Zeder Group - Coldwell Banker
This transaction highlights the involvement of GQG Partners CEO Timothy J. Carver, who purchased the home from Sir Balto LLC, represented in the deal by the Jills Zeder Group. Notably, this sale represents an increase from the property's previous sale price of $14.7 million in 2022, indicating ongoing interest from affluent buyers in the Coconut Grove area.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93