Igor Gimelshtein Acquires Edgewater Condo In Miami From Joronne Jeter For $2.1M
600 NE 27th St, Miami, Florida 33137, United States
$2,095,000
$748/SF
Building Size
2,800 SF
Asset Type
—
Closing
Apr 25, 2022
About this deal
AI
A condo unit located at 600 NE 27th St in Edgewater, Miami, was recently sold for a price of $2,095,000. This property spans approximately 2,800 square feet, resulting in a price per square foot of $748. The transaction took place on April 26, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,095,000
- Date: 04/26/2022
- Address: 600 NE 27th St Edgewater, Miami
- Buyer: Igor Gimelshtein
- Seller: Joronne Jeter
- Broker: Alona Yona - Beachfront Realty
The buyer in this transaction was Igor Gimelshtein, while the seller was Joronne Jeter. Alona Yona from Beachfront Realty represented both parties in the deal.
On the Map
$2,095,000
$748/SF
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Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $748 per square foot on a published $2.1M for 2,800 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.57%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93