Chad Carroll Acquires Miami Beach Condo For $15.1M With Seller's Rep Paola Marulanda & Laura Roxanna Garcia
125 Ocean Dr, Miami Beach, FL, USA
$15,060,000
$2,506/SF
Building Size
6,009 SF
Asset Type
—
Closing
Feb 23, 2021
About this deal
AI
Located at 125 Ocean Dr in Miami Beach, this condo property was recently sold in a closed transaction. The sale took place on February 24, 2021, and involved a total sale price of $15,060,000. The condo spans a generous 6,009 square feet, resulting in a price per square foot of $2,506. The property is a stunning example of luxury living in Miami Beach.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $15,060,000
- Address: 125 Ocean Dr, Miami Beach
- Square Footage: 6,009
- Price per Square Foot: $2,506
In this transaction, the buyer was represented by Chad Carroll from Compass. On the other hand, the sellers, Paola Marulanda and Laura Roxanna Garcia, were represented by ONE Sotheby's International Realty. With these reputable representatives involved, it is clear that all parties were ensured exceptional service throughout the deal. The successful outcome of this transaction highlights the expertise and professionalism of these agents.
On the Map
$15,060,000
$2,506/SF
View full map
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $2.5K per square foot on a published $15.1M for 6,009 square feet (2021).
Visit Paola Marulanda 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
1.05%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93