Compass Brokers Haydar Alchalaby, Michael Martirena & Ivan Chorney Acquire Miami Beach Condo For $5.9M
1300 Monad Ter, Miami Beach, Florida 33139, United States
$5,900,000
$2,219/SF
Building Size
2,658 SF
Asset Type
—
Closing
Mar 13, 2022
About this deal
AI
The sale transaction of a condo at 1300 Monad Terrace in Miami Beach has been completed. The property, with a total area of 2,658 square feet, was sold for $5,900,000. The price per square foot was approximately $2,220.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,900,000
- Address: 1300 Monad Terrace, Miami Beach
Haydar Alchalaby, Michael Martirena, and Ivan Chorney from Compass acted as the brokers in this sale transaction.
The commercial sale at 1300 Monad Ter, Miami Beach, Florida 33139, United States in Miami Beach, Florida sold for $5.9M in 2022. The building is 2,658 square feet, implying about 2.2K per square foot on the published price. Haydar Alchalaby, Ivan Chorney, Michael Martirena, Compass appear on the sale alongside Compass. This page is the Miami Beach, Florida file for the 1300 Monad Ter, Miami Beach, Florida 33139, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach commercial set by closing date to see what else sold near 1300 Monad Ter, Miami Beach, Florida 33139, United States around 2022. Published consideration for 1300 Monad Ter, Miami Beach, Florida 33139, United States is $5.9M, dated 2022. Cite this Compass Brokers Haydar Alchalaby, Michael Martirena & Ivan Chorney Acquire Miami Beach Condo For $5.9M sale when underwriting similar commercial product around Miami Beach, Florida.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Haydar Alchalaby 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93