The George Samenuk Trust Acquires Condo On Biscayne Blvd In Miami For $5.2M
1000 Biscayne Blvd, Miami, FL, USA
$5,200,000
$1,130/SF
Building Size
4,600 SF
Asset Type
—
Closing
Feb 17, 2021
About this deal
AI
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.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93