Fundi Choudry Acquires Condo In Miami Beach For $1.24M With Broker Andres Londono
SOLD
$1,240,000
Florida
See Similar Deals982 SF
Sold 11/18/2020
SOLD
Fundi Choudry Acquires Condo In Miami Beach For $1.24M With Broker Andres Londono
2901 Collins Avenue, Miami Beach, FL, USA
See Similar Deals982 SF
Sold 11/18/2020
Summary
FLORIDA
Price Per Square Foot:$1,262
Total Square Footage:982 SF
Transaction Type:Sale
Isfundyar Choudry and Andres Londono have completed a closed property transaction in Miami Beach. The asset involved in this transaction is a condo located at 2901 Collins Avenue. The sale took place on November 18, 2020.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,240,000
- Square Footage: 982
- Price per Square Foot: $1,263
- Market: Miami Beach
Isfundyar Choudry, known as @Fundi.Choudry on Instagram, is the buyer in this transaction. The buyer's representative is Andres Londono from an undisclosed agency.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,405.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,878.23
Annual Debt Service$70,538.79
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