The Farbstein Team Acquires Condo On Biscayne Blvd In North Miami Beach For $1.44M
17111 Biscayne Blvd #1511
$1,440,000
$784/SF
Building Size
1,836 SF
Asset Type
Co-Op
Closing
Dec 15, 2022
AI
The recently closed property transaction at 17111 Biscayne Blvd in North Miami Beach involved the sale of a condo. The property, spanning 1,836 square feet, was sold for a total price of $1,440,000, resulting in a price per square foot of $784.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,440,000
- Square Footage: 1,836
- Address: 17111 Biscayne Blvd, North Miami Beach
Ryan Farbstein and Max Farbstein from The Farbstein Team at Douglas Elliman represented the buyer in this transaction. They facilitated the purchase on behalf of their client, ensuring a smooth and successful deal.
Players
Harrisburg 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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93