David Mackler Acquires Condo From Daniel Murad In Miami For $2.8 Million
1000 Brickell Plaza
$2,800,000
$1,464/SF
Building Size
1,912 SF
Asset Type
Condo
Closing
Aug 20, 2024
About this deal
AI
1000 Brickell Plaza Unit PH5208 is a condo located in Miami, sold for a price of $2,800,000. The property spans an impressive 1,912 square feet, resulting in a price per square foot of $1,464.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,800,000
- Buyer: David Mackler
- Seller: Daniel Murad
- Broker: Ralph Garcia - LoKation® Real Estate
- Date of Sale: 08/20/2024
Ralph Garcia has set a record as the youngest realtor to list a multimillion-dollar unit and successfully complete its sale solely in Brickell.
On the Map
$2,800,000
$1,464/SF
Condo
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Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $2.8M for 1,912 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93