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900 Brickell Key Boulevard,...

Boris Brault Acquires Condo On Brickell Key Blvd In Miami For $7.76M
SOLD

Boris Brault Acquires Condo On Brickell Key Blvd In Miami For $7.76M

900 Brickell Key Boulevard, Miami, FL 33131

$7,760,000

$1,448/SF

Building Size

5,359 SF

Asset Type

Closing

Dec 24, 2021

AI

The property involved in this transaction is a condo located at 900 Brickell Key Blvd Ph 4 in Miami. The sale date was on 12/24/2021. The asset has a total square footage of 5,359 and was sold for a sale price of $7,760,000, resulting in a price per square foot of $1,448. The asking price for the property was initially $9,495,000.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $7,760,000
  • Market: Miami
  • Buyer: Boris Brault
  • Seller: Darko Dejanovic
  • Buyer's Representative: Daniel Tzinker & Tatiana Zarubina - Tzinker International Realty

It is worth noting that the buyer was represented by Daniel Tzinker & Tatiana Zarubina from Tzinker International Realty. The seller was Darko Dejanovic. The buyer's representative was able to negotiate the deal at $7,760,000, despite the property originally being listed for $9,495,000. This successful negotiation resulted in a happy buyer and a smooth buying process.

Players

Daniel Tzinker

The Agency

Broker

$156M

vol

24 deals

Broker

Boris Brault

Buyer

$13.1M

vol

2 deals

Buyer

Darko Dejanovic

Seller

$12.7M

vol

2 deals

Seller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.04%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93