Daniel Arduini Cavalcanti & Flavia C Gorayeb Acquire Condo At 1451 Brickell Ave For $1,350,000 In Brickell, Miami
1451 Brickell Avenue, Miami, FL 33131
$1,350,000
$1,049/SF
Building Size
1,287 SF
Asset Type
—
Closing
May 21, 2020
AI
A condo located at 1451 Brickell Ave # 2701 in Brickell, Miami, was recently sold in a closed transaction. The sale took place on May 21, 2021. The property was purchased by Daniel Arduini Cavalcanti and Flavia C Gorayeb from the seller Himae.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,350,000
- Address: 1451 Brickell Ave # 2701, Brickell, Miami
- Market: Brickell, Miami
The transaction was facilitated by brokers Americo D'Agostini and Domenico Albano from A&D Group Realty. The property was listed for sale at an asking price of $1,350,000, and the sale was finalized at the same price. The condo spans a total area of 1,287 square feet, resulting in a price per square foot of $1,049.
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93