Nikola Legetic Acquires Miami Beach Condo From Shoma Group For $1.6M
1030 15th Street, Miami Beach, Florida 33139, United States
$1,590,900
$883/SF
Building Size
1,800 SF
Asset Type
—
Closing
Feb 16, 2022
AI
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.
Players
Miami Beach 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
9.97%
Cash-on-Cash
-2.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93