Charlie O'Reilly & Michelle Bauer O'Reilly Acquire Condo On Brickell Ave For $1.98M
SOLD
$1,985,000
Florida
See Similar Deals1,730 SF
Sold 02/14/2022
SOLD
Charlie O'Reilly & Michelle Bauer O'Reilly Acquire Condo On Brickell Ave For $1.98M
1331 Brickell Avenue, Miami, Florida 33129, United States
See Similar Deals1,730 SF
Sold 02/14/2022
Summary
FLORIDA
Price Per Square Foot:$1,147
Total Square Footage:1,730 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$105,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,052.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,409.91
Annual Debt Service$112,918.95
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