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
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