facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

All

/

Sale

/

1000 Brickell Plz, Miami, F...

Bob Blessing Acquires Condo At 1000 Brickell Plaza, Miami For $1,600,000
SOLD

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

Karen Elmir

Sotheby's International Realty

Broker

$64.9M

vol

12 deals

Broker

Chau Nguyen

Seller

$17.6M

vol

2 deals

Seller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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