Igor Gimelshtein Acquires Edgewater Condo In Miami From Joronne Jeter For $2.1M
SOLD
$2,095,000
Florida
See Similar Deals2,800 SF
Sold 04/26/2022
SOLD
Igor Gimelshtein Acquires Edgewater Condo In Miami From Joronne Jeter For $2.1M
600 NE 27th St, Miami, Florida 33137, United States
See Similar Deals2,800 SF
Sold 04/26/2022
Summary
FLORIDA
Price Per Square Foot:$748
Total Square Footage:2,800 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$111,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,443.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,931.37
Annual Debt Service$119,176.43
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