Nikola Legetic Acquires Miami Beach Condo From Shoma Group For $1.6M
SOLD
$1,590,900
Florida
See Similar Deals1,800 SF
Sold 02/17/2022
SOLD
Nikola Legetic Acquires Miami Beach Condo From Shoma Group For $1.6M
1030 15th Street, Miami Beach, Florida 33139, United States
See Similar Deals1,800 SF
Sold 02/17/2022
Summary
FLORIDA
Price Per Square Foot:$883
Total Square Footage:1,800 SF
Transaction Type:Sale
Located at 1030 15th St in Miami Beach, this condominium in the heart of the city was recently sold in a closed transaction. The property offers a total square footage of 2,392 and a price per square foot of $665. The sale price for this condo was $1,590,900, making it an attractive investment opportunity.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $1,590,900
- Square Footage: 2,392
- Price Per Square Foot: $665
- Address: 1030 15th St, Miami Beach
The successful buyer in this transaction was Nikola Legetic, who acquired the property from the seller, Shoma Group. Caterine Gomez from Disruptive Real Estate represented the buyer as their real estate agent.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,847.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,652.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,541.68
Annual Debt Service$90,500.13
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