OKO Group Sells Condo In Miami For $6.3M With Brokers Eva Garzon And Ena Espino
SOLD
$6,327,000
Florida
See Similar Deals5,272 SF
Sold 05/18/2020
SOLD
OKO Group Sells Condo In Miami For $6.3M With Brokers Eva Garzon And Ena Espino
175 Southeast 25th Road, Miami, FL 33129
See Similar Deals5,272 SF
Sold 05/18/2020
Summary
FLORIDA
Price Per Square Foot:$1,200
Total Square Footage:5,272 SF
Transaction Type:Sale
The recently closed property transaction in Miami involved the sale of a condo located at 175 SE 25th Rd. The condo, with a total square footage of 14,175, was sold by OKO Group. The sale price for the condo was recorded at $6,327,000, resulting in a price per square foot of $446.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,327,000
- Address: 175 SE 25th Rd
- Market: Miami
Eva Garzon from EvaGarzon9 and Ena Espino were the brokers representing the deal. They played a crucial role in facilitating the successful sale of the condo on behalf of OKO Group.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$337,440.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,478.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,993.21
Annual Debt Service$359,918.49
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