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175 Southeast 25th Road, Mi...

Updated Dec 21, 2023

OKO Group And Cain International Sell Miami Condo For $17.75M
SOLD

OKO Group And Cain International Sell Miami Condo For $17.75M

175 Southeast 25th Road, Miami, Florida 33129, United States

$17,750,000

$2,505/SF

Building Size

7,084 SF

Asset Type

Closing

Oct 23, 2022

About this deal

AI

Located at 175 NE 25th Road in Miami, this condo property was recently sold in a closed transaction. The sale took place on October 24, 2022, and involved Jonathan Goldstein and Vlad Doronin as the sellers. OKO Group, represented by Vlad Doronin, and Cain International, represented by Jonathan Goldstein, were the selling parties in this deal. The property spans across 7,084 square feet, with a price per square foot of $2,506. The total sale price for this condo was $17,750,000.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $17,750,000
  • Address: 175 NE 25th Road, Miami
  • Market: Miami
  • Square Footage: 7,084
  • Price per Square Foot: $2,506

This transaction involved notable individuals in the real estate industry. Jonathan Goldstein, representing Cain International, and Vlad Doronin, representing OKO Group, played vital roles in the selling process. Their expertise and negotiation skills contributed to the successful completion of this condo sale in Miami.

Players

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $2.5K per square foot on a published $17.8M for 7,084 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.89%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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