Updated Dec 18, 2023
Elysee Investments Acquires Retail Condo In Brickell For $22.5M
1000 Brickell Plaza, Miami, Fl 33131, Usa
$22,500,000
$907/SF
Building Size
24,800 SF
Asset Type
Retail
Closing
Jun 14, 2020
About this deal
AI
Located at 1000 Brickell Plaza in the Brickell market, a retail condo property was sold on June 15, 2020. The property comprises of approximately 24,800 square feet, with a price of $22,500,000, resulting in a price per square foot of $907.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $22,500,000
The buyer of this property is Elysee Investments.
The retail sale at 1000 Brickell Plaza, Miami, Fl 33131, Usa in Miami, California sold for $22.5M in 2020. The building is 24,800 square feet, implying about 907 per square foot on the published price. This page is the Miami, California file for the 1000 Brickell Plaza, Miami, Fl 33131, Usa retail sold: pricing, party profiles, and other closed retail comps from the same Miami sit in the Market section below. Filter that Miami retail set by closing date to see what else sold near 1000 Brickell Plaza, Miami, Fl 33131, Usa around 2020. Published consideration for 1000 Brickell Plaza, Miami, Fl 33131, Usa is $22.5M, dated 2020. Cite this Elysee Investments Acquires Retail Condo In Brickell For $22.5M sale when underwriting similar retail product around Miami, California.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $907 per square foot on a published $22.5M for 24,800 square feet (2020).
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93