Roger Lehman Sells Residential Condo In Miami For $1.65M With Dean Bloch - Douglas Elliman
SOLD
$1,650,000
Florida
See Similar Deals2,236 SF
Sold 03/30/2021
SOLD
Roger Lehman Sells Residential Condo In Miami For $1.65M With Dean Bloch - Douglas Elliman
2900 Northeast 7th Avenue, Miami, FL, USA
See Similar Deals2,236 SF
Sold 03/30/2021
Summary
FLORIDA
Price Per Square Foot:$737
Total Square Footage:2,236 SF
Transaction Type:Sale
A residential condo located at 2900 NE 7th Avenue (LPH 4903) in Miami, was recently sold for $1,650,000. The property has a size of 2,236 square feet with a price per square foot of $738. The sale took place on March 30, 2021, and the seller was Roger Lehman.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $1,650,000
- Address: 2900 NE 7th Avenue (LPH 4903), Miami
- Market: Miami
- Seller: Roger Lehman
The transaction was facilitated by Dean Bloch from Douglas Elliman as the broker representing the seller. Dean Bloch played a key role in the sale of this residential condo in Miami.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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