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121 Northeast 34th Street

Updated Feb 17, 2025

Condo At 121 NE 34th St In Miami Sells For $1.2M With Brokers Ingrid Andres, Mike Greco, And Andres Londono
SOLDCo-Op

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

About this deal

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.

On the Map

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$1,200,000

$600/SF

Co-Op

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Players

Andres Londono

Broker

$2.4M

vol

2 deals

Broker
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Miami Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $600 per square foot on a published $1.2M for 2,000 square feet (2022).

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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

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