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
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