David D'Alessandro Acquires Condo On 1000 Biscayne Blvd In Miami For $6.3M
SOLD
$6,300,000
Florida
See Similar Deals4,600 SF
Sold 01/10/2022
SOLD
David D'Alessandro Acquires Condo On 1000 Biscayne Blvd In Miami For $6.3M
1000 Southeast 4th Street, Miami, Florida 33131, United States
See Similar Deals4,600 SF
Sold 01/10/2022
Summary
FLORIDA
Price Per Square Foot:$1,369
Total Square Footage:4,600 SF
Transaction Type:Sale
The condo located at 1000 Biscayne Boulevard Unit 2902 in Miami has been sold in a recent transaction. The property spans across 4,600 square feet and was sold for a total price of $6,300,000, resulting in a price per square foot of $1,370.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,300,000
David D'Alessandro has purchased the property from the sellers, Sela Ann Ward and Howard Sherman, who are represented by Anna Sherrill from One Sotheby's International Realty. Karen Stauber from Coldwell Banker Realty acted as the buyer's representative in this deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
Is there something missing? Send suggestions