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801 S Miami Ave, Downtown M...

Douglas Elliman & Compass Brokerage Sell Condo At 801 S Miami Ave, Brickell For $1.025M
SOLD

Douglas Elliman & Compass Brokerage Sell Condo At 801 S Miami Ave, Brickell For $1.025M

801 S Miami Ave, Downtown Miami, Miami, FL, USA

$1,025,000

$709/SF

Building Size

1,445 SF

Asset Type

Closing

Oct 24, 2021

AI

Located at 801 S Miami Ave in Brickell, this condo was recently sold in a closed transaction. The property spans a total of 1,445 square feet, with a price per square foot of $709. The sale price for this condo was $1,025,000.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $1,025,000
  • Address: 801 S Miami Ave, Brickell
  • Square Footage: 1,445
  • Price per Square Foot: $709

The sale of this condo in Brickell was facilitated by a team of brokers. Luis Dominguez represented the seller and was affiliated with Douglas Elliman. Karl Hueck and Bento Queiroz, on the other hand, represented the buyer and were affiliated with Compass.

Players

Bento Queiroz

Compass

Broker

$75.9M

vol

8 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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93