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Inder Sigal Acquires Condo At Icon Brickell, Miami For $1.5M

Property Image
SOLD
$1,500,000
Angelica Gomez
Altairis Cambara
+ 3

Florida

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1,870 SF
Sold 12/17/2021
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Property Image
SOLD

Inder Sigal Acquires Condo At Icon Brickell, Miami For $1.5M

495 Brickell Avenue, Miami, Florida 33131, United States

See Similar Deals
1,870 SF
Sold 12/17/2021
Angelica Gomez
Altairis Cambara
+ 3
Contact now

Summary

FLORIDA
Price Per Square Foot:$802
Total Square Footage:1,870 SF
Transaction Type:Sale

Icon Brickell at 495 Brickell Ave # 2301 in Miami has been sold. The condo, with a square footage of 1,870, was sold for a price of $1,500,000. The property's asking price was $1,480,000, resulting in a final sale price higher than the original asking price. The price per square foot for this transaction was $802. The sale was finalized on December 17, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,500,000
  • Square Footage: 1,870
  • Address: 495 Brickell Ave # 2301, Icon Brickell, Miami
  • Market: Miami
  • Seller: Carlos Abril
  • Seller's Representative: Patricia Montalvan, P.A. - Fortune International Realty
  • Buyer: Inder Sigal

The sale of the condo at Icon Brickell involved the buyer, Inder Sigal, and the seller, Carlos Abril. Patricia Montalvan, P.A. from Fortune International Realty represented the seller in this transaction. The sale price of $1,500,000 exceeded the initial asking price, showcasing a successful negotiation process for all parties involved.

Players

Patricia Montalvan
2 deals$4.3M volume
BROKER

Lucas Lechuga
4 deals$5.9M volume
BROKER

Juan Suarez
Luxe Properties
2 deals$6.4M volume
BROKER

Antonio Cupertino de Miranda
3 deals$6.2M volume
BROKER

Angelica Gomez
3 deals$6.2M volume
BROKER

Altairis Cambara
2 deals$3.1M volume
BROKER

Details

SOLD
IMAGE: Patricia Montalvan DATE: 12/17/2021 ADDRESS: 495 Brickell Ave # 2301 - Icon Brickell MARKET: Miami ASSET TYPE: Condo BUYER: Inder Sigal SELLER: Carlos Abril SELLER'S REP: Patricia Montalvan, P.A. (@RealEstate_MiamiFlorida) - Fortune International Realty (@FortuneInternationalRealty) ASKING PRICE: $1,480,000 SALE PRICE: $1,500,000 SF: 1,870 ~ PPSF: $802

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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