Braden Peters Signs One-Year Lease For 6,500 SF Condo At Paramount Miami Worldcenter
851 Northeast 1st Avenue
Building Size
6,500 SF
Asset Type
Condo
Closing
Jun 4, 2026
About this deal
AI
The lease involves a penthouse located at 851 Northeast 1st Avenue in Miami, FL. This 6,500-square-foot condo unit was listed for $9.5 million and is owned by an LLC associated with developer Dan Kodsi.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9.5 million
- Landlord: Dan Kodsi
- Tenant: Braden Peters
- Broker: Greg Mirmelli - Sterling Equity Realty
- Lease Term: one-year
Braden Peters, known online as “Clavicular,” continues to attract attention due to his controversial livestreaming activities and past arrests. His lease of the penthouse at Paramount Miami Worldcenter reflects an ongoing interest in the property within the expansive Miami Worldcenter development.
On the Map
Condo
View full map
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Lease transactions
Loading comparables…
Deal FAQ
Browse Florida condo leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93