The AMS Team Acquires Residential Apt/Condo At 400 Sunny Isles Blvd Sunny Isles Beach For $2.4M
400 Northeast 163rd Street, Sunny Isles Beach, Florida 33160, United States
$2,400,000
$777/SF
Building Size
3,088 SF
Asset Type
—
Closing
Sep 22, 2022
About this deal
AI
Ani Sanchez and Yedri Villafane of The AMS Team at ONE Sotheby’s International Realty represented the buyer and seller in the sale of a residential apartment located at 400 Sunny Isles Blvd in Sunny Isles Beach. The transaction took place on September 23, 2022.
Summary of transaction details:
- Property Type: Residential Apartment/Condo/SFR
- Sale Price: $2,400,000
- Square Footage: 3,088
- Price per Square Foot: $777
- Address: 400 Sunny Isles Blvd, Sunny Isles Beach
The property, encompassing 3,088 square feet, was sold for a total price of $2,400,000, resulting in a price per square foot of $777. The transaction was facilitated by Ani Sanchez and Yedri Villafane from The AMS Team at ONE Sotheby’s International Realty, who represented both the buyer and seller.
On the Map
$2,400,000
$777/SF
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Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $777 per square foot on a published $2.4M for 3,088 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93