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

Property Image
SOLD
$1,200,000
Mike Greco
Ingrid Andres
Andres Londono

Florida

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Co-Op2,000 SF
Sold 11/18/2022
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Co-Op2,000 SF
Sold 11/18/2022
Mike Greco
Ingrid Andres
Andres Londono
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Co-Op
Price Per Square Foot:$600
Total Square Footage:2,000 SF
Transaction Type:Sale

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

Andres Londono
Andres Londono
2 deals$2.4M volume
BROKER
Ingrid Andres
Exclusively Yours Realty
Ingrid Andres
8 deals$20.9M volume
BROKER
Mike Greco
Mike Greco
1 deal$1.2M volume
BROKER

Details

SOLD
IMAGE: Ingrid Andres, Andres Londono & Mike Greco DATE: 11/18/2022 ADDRESS: 121 NE 34th St, PH05 MARKET: Miami ASSET TYPE: Condo BROKERS: Ingrid Andres (@RealEstate_Ing) - The Island; Mike Greco (@Mike.Greco); Andres Londono (@ALondono10) - Safebound Realty SALE PRICE: $1,200,000 SF: 1,358 ~ PPSF: $884

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35