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
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
2.04%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93