Condo At 121 NE 34th St In Miami Sells For $1.2M With Brokers Ingrid Andres, Mike Greco, And Andres Londono
121 Northeast 34th Street
$1,200,000
$600/SF
Building Size
2,000 SF
Asset Type
Co-Op
Closing
Nov 18, 2022
AI
The property involved in this closed transaction is a condo located at 121 NE 34th St, PH05 in Miami. The sale price for this property was $1,200,000. It has a total square footage of 1,358, resulting in a price per square foot of $884.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,200,000
- Square Footage: 1,358
- Price per Square Foot: $884
- Address: 121 NE 34th St, PH05
- Market: Miami
The deal's key individuals and companies involved in this transaction were Ingrid Andres from The Island, Mike Greco, and Andres Londono from Safebound Realty.
Players
Miami Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93