Casa Bella Residences Acquires Condo On 1444 Biscayne Blvd In Miami For $1.4M
SOLD
$1,420,900
Florida
See Similar Deals1,613 SF
Sold 10/15/2022
SOLD
Casa Bella Residences Acquires Condo On 1444 Biscayne Blvd In Miami For $1.4M
1444 Biscayne Boulevard, Miami, Florida 33138, United States
See Similar Deals1,613 SF
Sold 10/15/2022
Summary
FLORIDA
Price Per Square Foot:$880
Total Square Footage:1,613 SF
Transaction Type:Sale
Located in Miami's thriving market at 1444 Biscayne Blvd, this condo was recently sold in a closed transaction. The property, owned by Casa Bella Residences and B&B Italia, offers a total of 1,613 square feet of living space. The sale price for this condo was $1,420,900, resulting in a price per square foot of $881.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,420,900
- Square Footage: 1,613
- Address: 1444 Biscayne Blvd
- Market: Miami
Maria Gonzalez from ONE Sotheby's International Realty represented the seller, Casa Bella Residences and B&B Italia, in this transaction. Maria Gonzalez is known for her expertise in the Miami market and her dedication to delivering exceptional service to her clients.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,781.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,048.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,735.79
Annual Debt Service$80,829.49
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