ONE Sotheby's International Realty Acquires Diesel Wynwood Condo In Wynwood, Florida For $2.5M
148 Northwest 28th Street, Miami, Florida 33127, United States
$2,500,000
$1,979/SF
Building Size
1,263 SF
Asset Type
—
Closing
Jan 10, 2022
AI
A condo located at 148 NW 28th St 803 in Wynwood, Florida has been sold for $2,500,000. The property spans 1,263 square feet and was sold at a price per square foot of $1,932. The transaction took place on January 11, 2024, and the seller was Diesel Wynwood.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,500,000
- Address: 148 NW 28th St 803, Wynwood, Florida
- Market: Wynwood, Florida
- Square footage: 1,263
- Price per square foot: $1,932
ONE Sotheby's International Realty and ONE Sotheby's Developments represented the seller in the deal. Maria Gonzalez, a broker from ONE Sotheby's International Realty, facilitated the transaction. This sale represents the highest residential sale and price per square foot in Wynwood, Miami. For residential and pre/construction property searches, you can reach out to Maria Gonzalez at @mariagonzalezrealestate.
Miami CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93