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1331 Brickell Avenue, Miami...

Charlie O'Reilly & Michelle Bauer O'Reilly Acquire Condo On Brickell Ave For $1.98M
SOLD

Charlie O'Reilly & Michelle Bauer O'Reilly Acquire Condo On Brickell Ave For $1.98M

1331 Brickell Avenue, Miami, Florida 33129, United States

$1,985,000

$1,147/SF

Building Size

1,730 SF

Asset Type

Closing

Feb 13, 2022

AI

A condo located at 1331 Brickell Ave in Miami was recently sold for $1,985,000. The property spans across 1,730 square feet, resulting in a price per square foot of $1,147. The transaction took place on February 14, 2022.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $1,985,000
  • Address: 1331 Brickell Ave, Miami
  • Square Footage: 1,730
  • Price per Square Foot: $1,147

The buyer of the condo is Charlie O'Reilly & Michelle Bauer O'Reilly, while the seller is German Chuecod & Tamara Mambelli. One Sotheby's International Realty's representative, Jaime Blatt, assisted the buyer in the transaction. Cecilia Hinojosa of Douglas Elliman represented the seller.

Players

Jaime Blatt

Compass

Broker

$34.7M

vol

8 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Miami 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

7.99%

Cash-on-Cash

-2.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93