OKO Group Sells Condo In Miami For $6.3M With Brokers Eva Garzon And Ena Espino
175 Southeast 25th Road, Miami, FL 33129
$6,327,000
$1,200/SF
Building Size
5,272 SF
Asset Type
—
Closing
May 18, 2020
About this deal
AI
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
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
2.51%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93