Doron Broman Acquires Condo In Edgewater Miami For $1.19M
2020 North Bayshore Drive, Miami, FL 33137
$1,190,000
$793/SF
Building Size
1,500 SF
Asset Type
—
Closing
Jan 24, 2022
About this deal
AI
Located at 2020 N Bayshore Dr in Edgewater Miami, this recently sold condo offers the perfect blend of style and comfort. Spanning across 1,500 square feet, this property features a spacious layout and stunning views. The sale took place on January 24, 2022, and the transaction price was $1,190,000.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $1,190,000
- Square Footage: 1,500
- Price per Square Foot: $793
- Address: 2020 N Bayshore Dr, Edgewater Miami
The buyer of this condo was Doron Broman, while Geraldo Lemosneto acted as the seller. The deal was facilitated by Claudio Daniel from The Agency FL. With their expertise, they ensured a smooth transaction for both parties involved.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $793 per square foot on a published $1.2M for 1,500 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93