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1451 Brickell Avenue, Miami...

Daniel Arduini Cavalcanti & Flavia C Gorayeb Acquire Condo At 1451 Brickell Ave For $1,350,000 In Brickell, Miami
SOLD

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.

Players

Americo D'Agostini

Broker

$38.4M

vol

6 deals

Broker

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