One Sotheby’s Intl Realty Acquires Brickell Condo In Miami For $5.3M
444 Brickell Ave, Downtown Miami, Miami, FL, USA
$5,300,000
$26/SF
Building Size
200,368 SF
Asset Type
—
Closing
Aug 31, 2021
About this deal
AI
The sale of a condo in Brickell, Miami, located at 444 Brickell Ave, was recently completed. The transaction took place on 09/01/2021. The condo consists of 4 units, with a price per unit of $1,325,000. The total sale price for the property was $5,300,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,300,000
- Address: 444 Brickell Ave
- Market: Brickell, Miami
The seller representative for this deal was Adriana Brito from Related Group, while the buyer was represented by Melissa Breda from One Sotheby’s International Realty.
On the Map
$5,300,000
$26/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93