Justin Gagnon Acquires Condo In Sunny Isles Beach For $1.45M
330 Sunny Isles Blvd #503, Sunny Isles Beach, FL 33160
$1,450,000
$951/SF
Building Size
1,524 SF
Asset Type
—
Closing
May 23, 2022
About this deal
AI
The property involved in this transaction is a condo located at 330 Sunny Isles Blvd, Sunny Isles Beach. The sale took place on 05/24/2022.
Summary of transaction details:
- Property Type: Condo
- Sale Price: $1,450,000
- Square Footage: 1,524
- Price per Square Foot: $951
- Buyer: Justin Gagnon
- Buyer's Representative: Massiel Perdomo - Lifestyle International Realty
Massiel Perdomo from Lifestyle International Realty represented Justin Gagnon in this deal. This transaction marks an exciting milestone for Lifestyle International Realty, with the opening of their Fort Lauderdale Branch. If you are looking for change, to expand your business, or to trade business, please reach out to them via direct message.
On the Map
$1,450,000
$951/SF
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Deal FAQ
About $951 per square foot on a published $1.5M for 1,524 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93