Douglas Elliman Represents Buyer In $7.6M Condo Sale On Biscayne Blvd, Miami
1000 Biscayne Boulevard, #3601
$7,600,000
$1,558/SF
Building Size
4,876 SF
Asset Type
Condo
Closing
Jan 13, 2023
About this deal
AI
1000 Biscayne Blvd in Miami has been sold in a recent transaction. The property is a condo with a total area of 4,876 square feet. The sale price for this condo was $7,600,000, resulting in a price per square foot of $1,559.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,600,000
- Address: 1000 Biscayne Blvd, Miami
- Buyer's Representative: Dina Goldentayer - Douglas Elliman
- Seller's Representative: Patricia Zimmermann - Great Estates International Realty
Dina Goldentayer from Douglas Elliman represented the buyer in this deal, while Patricia Zimmermann from Great Estates International Realty represented the seller. The transaction took place on 01/13/2023.
Players
Miami 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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93