Eloy Padron Acquires Condo In North Miami Beach For $1.975M
905-907 Biscayne Boulevard, North Miami Beach, FL, USA
$1,975,000
$509/SF
Building Size
3,880 SF
Asset Type
—
Closing
Mar 3, 2021
AI
The condo located at 17111 Biscayne Blvd Unit 905-907 in North Miami Beach has been sold in a recent transaction. The property, known as Camila Steel, offers a total square footage of 3,880. The sale price was recorded at $1,975,000, resulting in a price per square foot of $509. The transaction took place on 03/04/2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,975,000
- Market: North Miami Beach
- Asset Type: Condo
Eloy Padron acquired the property from Warren Barthes. The deal was facilitated by broker Camila Steel from One Sotheby's International Realty.
Players
North 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
8.03%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93