Scot Cohen Acquires Condo Unit On 445 Grand Bay Dr, Key Biscayne For $11.375M
445 Grand Bay Drive, Key Biscayne, Florida 33149, United States
$11,375,000
$1,479/SF
Building Size
7,690 SF
Asset Type
—
Closing
Mar 7, 2022
About this deal
AI
A condominium unit located at 445 Grand Bay Dr in Key Biscayne, FL has been sold. The property, spanning 7,690 square feet, was purchased for a total price of $11,375,000. The price per square foot for this transaction was $1,479.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $11,375,000
- Address: 445 Grand Bay Dr, Key Biscayne, FL
- Square Footage: 7,690
- Price Per Square Foot: $1,479
The buyer of the property is Scot Cohen, while the seller is Lowe Ding.
Players
Key Biscayne CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $11.4M for 7,690 square feet (2022).
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93