The recently sold property at 3630 Palmetto Avenue in Miami is a Single Family home spanning 4,064 square feet. The transaction concluded with a sale price of $6,100,000, slightly below the initial asking price of $6,150,000. This sale marked a noteworthy achievement, setting a record price per foot for a new construction dry home in Coconut Grove, with a price per square foot of $1,501.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $6,100,000
• Market: Miami
• Buyer: Lauren Schrager & Toni Schrager - Brown Harris Stevens
• Seller: Justin Drexler
• Seller's Representative: Brett Eaglstein & Eli Faitelson - Compass

The deal was facilitated by Lauren Schrager and Toni Schrager from Brown Harris Stevens, representing the buyers, while Brett Eaglstein and Eli Faitelson from Compass represented the seller, Justin Drexler. The successful transaction not only demonstrated a strong market value for the property but also highlighted the expertise and negotiation skills of the involved real estate professionals.