Michelle Halfon Of Sator Realty LLC Sells Miami Beach Condo At 1445 16th St For $2.6M
1445 16th Street, Miami Beach, Florida 33139, United States
$2,600,000
$1,411/SF
Building Size
1,842 SF
Asset Type
—
Closing
Feb 28, 2022
About this deal
AI
A condo located at 1445 16th st in Miami Beach has been sold in a closed transaction. The property, with a total square footage of 1,842, was listed for an asking price of $2,650,000. The sale price for the condo was reported to be $2,600,000, resulting in a price per square foot of $1,412.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,600,000
- Address: 1445 16th st, Miami Beach
- Square Footage: 1,842
The sale of this condo was facilitated by Michelle Halfon from Sator Realty LLC. Michelle Halfon represented the seller in this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93