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900 Biscayne Boulevard, Mia...

Mary McNiff & Adrian Owles Acquire Condo On 900 Biscayne Blvd, Miami For $1.05M
SOLD

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

Brandon Brugal

BZG International

Broker

$47.3M

vol

17 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93