Daniel Arduini Cavalcanti & Flavia C Gorayeb Acquire Condo At 1451 Brickell Ave For $1,350,000 In Brickell, Miami
SOLD
$1,350,000
Florida
See Similar Deals1,287 SF
Sold 05/21/2020
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
See Similar Deals1,287 SF
Sold 05/21/2020
Summary
FLORIDA
Price Per Square Foot:$1,049
Total Square Footage:1,287 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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