Lourdes Alatriste Of Douglas Elliman Sells Condo On Biscayne Blvd In Miami For $18.25M
1000 Biscayne Blvd #5401
$18,250,000
$1,983/SF
Building Size
9,200 SF
Asset Type
Condo
Closing
Dec 15, 2022
About this deal
AI
A luxury condo located at 1000 Biscayne Blvd in Miami has recently been sold for a staggering price of $18,250,000. The property, consisting of 9,200 square feet, is owned by an undisclosed seller. This grand transaction was facilitated by Lourdes Alatriste of Douglas Elliman, who acted as the broker in the deal.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $18,250,000
- Address: 1000 Biscayne Blvd, Miami
- Square Footage: 9,200
- Price per Square Foot: $1,984
Lourdes Alatriste, representing Douglas Elliman, played a pivotal role in the successful sale of the condo in Miami. Their expertise and professionalism contributed to the seamless completion of this significant real estate transaction. The buyer's identity, as well as any other parties involved in the deal, remain undisclosed at this time.
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $2K per square foot on a published $18.3M for 9,200 square feet (2022).
Visit Lourdes Alatriste to view all their deals.
Browse Miami condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93