Mary McNiff & Adrian Owles Acquire Condo On 900 Biscayne Blvd, Miami For $1.05M
900 Biscayne Boulevard, Miami, Florida 33132, United States
$1,050,000
$407/SF
Building Size
2,577 SF
Asset Type
—
Closing
Feb 24, 2022
AI
900 Biscayne Blvd in Miami is a condominium that was recently sold for $1,050,000. The property spans 1,694 square feet and has a price per square foot (PPSF) of $620. This transaction took place on February 25, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,050,000
- Address: 900 Biscayne Blvd, Miami
- Square Footage: 1,694
- Price per Square Foot (PPSF): $620
Mary McNiff and Adrian Owles purchased the property from Dianne Serralles Meyer. Maria Gabriela Sanchez, representing The Elmir Group at One Sotheby's International Realty, assisted McNiff and Owles in the buying process. On the other hand, Lucas Lechuga from Luxe Living Realty served as the seller's representative for Dianne Serralles Meyer.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93