Miami Beach Condo Sold For $5M With Brokers Ivan Chorney, Michael Martirena, And Haydar Alchalaby
102 24th Street, Miami Beach, FL 33139
$5,000,000
$2,963/SF
Building Size
1,687 SF
Asset Type
—
Closing
Apr 30, 2020
About this deal
AI
A 2,092-square-foot condo unit located at 102 24th St Unit 1440 in Miami Beach was recently sold in a closed transaction. The property, situated in the Miami Beach market, was sold on 04/30/2021.
Summary of transaction details:
- Property Type: Condo
- Asking Price: $5,195,000
- Sale Price: $5,000,000
- Price per Square Foot: $2,390
The deal involved three brokers who represented the parties in the transaction. Ivan Chorney, Michael Martirena, and Haydar Alchalaby played instrumental roles in the sale of the condo.
Brokers involved in the deal:
- Ivan Chorney - @Ivan_Miamibch
- Michael Martirena - @Martirena
- Haydar Alchalaby - @Haydar_Miami
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $3K per square foot on a published $5M for 1,687 square feet (2020).
Visit Priscilla Haisley to view all their deals.
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93