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900 Brickell Key Boulevard

Tiago Machuca Acquires Condo On Brickell Key For $2.375M
SOLD

Tiago Machuca Acquires Condo On Brickell Key For $2.375M

900 Brickell Key Boulevard

$2,375,000

$902/SF

Building Size

2,631 SF

Asset Type

Closing

Jan 6, 2022

AI

A condominium unit located at 900 Brickell Key Blvd. Unit 2504 in the Brickell Key market has been sold for $2,375,000. The property features a size of 2,631 square feet and a price per square foot of $903.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,375,000
  • Address: 900 Brickell Key Blvd. Unit 2504
  • Market: Brickell Key

The buyer of the property is Tiago Machuca, while the seller is David Konz. The buyer's representative in the deal is Jorge Rico from Compass, and the seller's representative is Barbara Estela from One Sotheby's International Realty.

Players

Ana Teresa Rodriguez

Coldwell Banker

Broker

$170.6M

vol

21 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

6.68%

Cash-on-Cash

-1.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93