Mary McNiff & Adrian Owles Acquire Condo On 900 Biscayne Blvd, Miami For $1.05M
SOLD
$1,050,000
+ 1
Florida
See Similar Deals2,577 SF
Sold 02/25/2022
SOLD
Mary McNiff & Adrian Owles Acquire Condo On 900 Biscayne Blvd, Miami For $1.05M
900 Biscayne Boulevard, Miami, Florida 33132, United States
See Similar Deals2,577 SF
Sold 02/25/2022
+ 1
Summary
FLORIDA
Price Per Square Foot:$407
Total Square Footage:2,577 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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