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600 NE 27th St, Miami, Flor...

Igor Gimelshtein Acquires Edgewater Condo In Miami From Joronne Jeter For $2.1M
SOLD

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

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.

Players

Alona Yona

Beachfront Realty

Broker

$15.1M

vol

7 deals

Broker

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

7.57%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93