David Mackler Acquires Condo From Daniel Murad In Miami For $2.8 Million
SOLD
$2,800,000
Florida
See Similar DealsCondo1,912 SF
Sold 08/20/2024
SOLD
David Mackler Acquires Condo From Daniel Murad In Miami For $2.8 Million
1000 Brickell Plaza
See Similar DealsCondo1,912 SF
Sold 08/20/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,464
Total Square Footage:1,912 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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