John Taylor & Henry Dale Vansteenberg Acquire Condo In Miami For $430K
50 Biscayne Boulevard, Miami, Florida 33132, United States
$430,000
$449/SF
Building Size
957 SF
Asset Type
—
Closing
Feb 24, 2022
About this deal
AI
Located at 50 Biscayne Boulevard Miami, this condominium was recently sold in a closed property transaction. The condo spans approximately 957 square feet and was sold for a price of $430,000, resulting in a price per square foot of $449.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $430,000
- Address: 50 Biscayne Boulevard, Miami
- Square Footage: 957
- Sale Price per Square Foot: $449
John Taylor and Henry Dale Vansteenberg were the buyers in this transaction. They were represented by John Taylor from Cervera Real Estate Inc. On the other hand, Alexandra Nikonova from Florida Realty of Miami represented the seller in this deal.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
36.89%
Cash-on-Cash
-10.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93