William T. Davidson Acquires Condo In Miami For $5.57M From Seller Angel Junquera
1000 Biscayne Boulevard, Miami, FL, USA
$5,575,000
$1,137/SF
Building Size
4,900 SF
Asset Type
Condo
Closing
Jul 14, 2021
About this deal
AI
A luxury condo located at 1000 Biscayne in Miami has been sold in a recent transaction. The property, spanning an area of 4,900 square feet, offers breathtaking views and high-end amenities. The condo was listed for sale on July 14, 2021, by Eva Garzon from Grand Lion Real Estate Group LLC.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,575,000
- Address: 1000 Biscayne, Miami
- Listing Agent: Eva Garzon - Grand Lion Real Estate Group LLC
The buyer of this luxurious condo is William T. Davidson. The transaction was facilitated by Eva Garzon, who represented both the buyer and the seller, Angel Junquera. The asking price for the condo was $6,100,000, and it was sold for $5,575,000, resulting in a price per square foot of $1,138.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $5.6M for 4,900 square feet (2021).
Browse Florida condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.85%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93