Updated Dec 4, 2024
Thomas & Kelly Doyle Purchase Single Family Home In Coconut Grove For $2.5M
3564 West Fairview Street
$2,500,000
$1,351/SF
Building Size
1,850 SF
Asset Type
Single Family
Closing
Mar 14, 2024
About this deal
AI
The single-family property located at 3564 West Fairview Street, Coconut Grove, was recently sold for $2,500,000. The property spans across 1,850 square feet, resulting in a price per square foot of $1,351. The transaction involved Thomas & Kelly Doyle as the buyers and Kevin Macdonald & Jessie Spressart as the sellers. Janelle Gonzalez from International Realty Group represented the parties in this deal.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,500,000
- Address: 3564 West Fairview Street, Coconut Grove
- Square Footage: 1,850
- Price per Square Foot: $1,351
- Buyer: Thomas & Kelly Doyle
- Seller: Kevin Macdonald & Jessie Spressart
- Broker: Janelle Gonzalez - International Realty Group
The sale of the single-family property was facilitated with the expertise of Janelle Gonzalez from International Realty Group, who played a pivotal role in representing both the buyers and sellers in this successful transaction.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93