Victor Ionescu Acquires $3.15M Condo At 1000 Brickell Plz PH5108, Brickell, Miami
SOLD
$3,150,000
Florida
See Similar DealsCondo1,912 SF
Sold 11/21/2023
SOLD
Victor Ionescu Acquires $3.15M Condo At 1000 Brickell Plz PH5108, Brickell, Miami
Condo1,912 SF
Sold 11/21/2023
Summary
Asset Type:Condo
Price Per Square Foot:$1,647
Total Square Footage:1,912 SF
Transaction Type:Sale
A luxury condo located at 1000 Brickell Plz PH5108 in the vibrant Brickell neighborhood of Miami has been sold in a recent transaction. The property spans across 1,912 square feet and boasts a modern design and impressive features. The sale price for this exquisite condo was $3,150,000, with a price per square foot of $1,647.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,150,000
Victor Ionescu, the buyer, acquired this stunning luxury condo in Brickell. Representing the buyer in this transaction was Damian Kosydar from Compass. On the other side of the deal, Justo Gonzalez was the seller, with Christopher Ulloa from ONE Sotheby's International Realty serving as the seller's representative. The transaction was successfully closed on November 21, 2023.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$168,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28
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