Sivan Erten Of Erten Realty Group Facilitates $1.2M Sale Of Miami Beach Condo Unit
10 Venetian Way
$1,200,000
$820/SF
Building Size
1,463 SF
Asset Type
Condo
Closing
Feb 25, 2025
About this deal
AI
The property asset involved in this transaction is a condo located at 10 Venetian Way Unit 902 in the Miami Beach market. The sale price of the property was $1,200,000, encompassing a total of 1,463 square feet, which translates to a price per square foot of $820.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,200,000
- Square Footage: 1,463
- Price per Square Foot: $820
- Address: 10 Venetian Way Unit 902
- Market: Miami Beach
- Buyer's Representative: Sivan Erten - Erten Realty Group
The deal was facilitated by Sivan Erten from Erten Realty Group, who represented the buyer during this transaction, playing a crucial role in the acquisition of the property.
On the Map
$1,200,000
$820/SF
Condo
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Miami Beach Condo Market Snapshot
Boundary boundary · Condo · 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