The George Samenuk Trust Acquires Condo On Biscayne Blvd In Miami For $5.2M
SOLD
Florida
See Similar Deals4,600 SF
Sold 02/18/2021
SOLD
The George Samenuk Trust Acquires Condo On Biscayne Blvd In Miami For $5.2M
1000 Biscayne Blvd, Miami, FL, USA
See Similar Deals4,600 SF
Sold 02/18/2021
Summary
FLORIDA
Price Per Square Foot:$1,130
Total Square Footage:4,600 SF
Transaction Type:Sale
A condominium located at 1000 Biscayne Blvd in Miami has been sold for a price of $5,200,000. The property spans 4,600 square feet and has a price per square foot of $1,130.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,200,000
- Address: 1000 Biscayne Blvd, Miami
- Square Footage: 4,600
- Price per Square Foot: $1,130
The buyer in this transaction is The George Samenuk Trust, represented by Joanna Jimenez. The seller is 1000 Biscayne Tower, represented by Macarena Gomez and Anna Sherril.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$277,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83
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