BHHS EWM Realty Acquires Condo In Park West, Miami For $7.5M
1000 Biscayne Boulevard, Miami, FL 33132
$7,500,000
$1,630/SF
Building Size
4,600 SF
Asset Type
Condo
Closing
Jan 22, 2022
About this deal
AI
A condo located at 1000 Biscayne Blvd in Park West, Miami has been sold for a sale price of $7,500,000. The condo has a total area of 4,600 square feet and a price per square foot of $1,630. The transaction took place on January 20, 2022. The buyer was represented by Anna Karan from BHHS EWM Realty.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,500,000
- Address: 1000 Biscayne Blvd
- Market: Park West, Miami
- Square Footage: 4,600
- Price Per Square Foot: $1,630
Anna Karan from BHHS EWM Realty served as the buyer's representative in this transaction. The sale of the condo at 1000 Biscayne Blvd highlights the collaboration between the buyer and their representative to acquire a desirable property in the Park West area of Miami.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93