Benjamin Schultze Acquires Brickell, Miami Condo From Swire Properties
68 Southeast 6th Street, Miami, Florida 33131, United States
$5,800,000
$1,426/SF
Building Size
4,066 SF
Asset Type
—
Closing
Jun 19, 2022
About this deal
AI
A luxurious condominium in the Brickell neighborhood of Miami has recently been sold in a closed transaction. The property, located at 68 SE 6th St ph 4301, offers stunning views and modern amenities to its residents.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,800,000
- Address: 68 SE 6th St ph 4301
- Market: Brickell, Miami
The buyer of this impressive condo is Benjamin Schultze, while the seller is Swire Properties. Additionally, the transaction was facilitated by Eva Garzon and Sebastian Camara from The Grand Lion Real Estate Group.
The property spans 4,066 square feet, offering ample space for comfortable living. The sale price for this luxurious condo was $5,800,000, with a price per square foot of $1,426.
On the Map
$5,800,000
$1,426/SF
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Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $5.8M for 4,066 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93