Bob Blessing Acquires Condo At 1000 Brickell Plaza, Miami For $1,600,000
1000 Brickell Plz, Miami, Florida 33131, United States
$3,100,000
$2,508/SF
Building Size
1,236 SF
Asset Type
—
Closing
Aug 8, 2021
AI
The property involved in this closed transaction is a condo located at 1000 Brickell Plaza, Miami. The condo has a total area of 1,236 square feet and was sold for a price of $1,600,000. The price per square foot for this transaction is $1,294.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,600,000
- Address: 1000 Brickell Plaza, Miami
The buyer in this transaction is Bob Blessing and the seller is Chau Nguyen. Chau Nguyen was represented by Karen Elmir from Elmir Group - One Sotheby's International Realty. Karen Elmir acted as the seller's representative in this deal.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93