facebook
Traded Co logo
Submit

Trevor Silver Acquires Miami Condo On Brickell Avenue For $1.65M

Property Image
SOLD
$1,651,000

Florida

See Similar Deals
Condo2,525 SF
Sold 03/31/2023
the dealplayerscompscontact
Property Image
SOLD

Trevor Silver Acquires Miami Condo On Brickell Avenue For $1.65M

1060 Brickell Avenue

See Similar Deals
Condo2,525 SF
Sold 03/31/2023
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$653
Total Square Footage:2,525 SF
Transaction Type:Sale

The recently closed property transaction on 1060 Brickell Avenue Unit 4505 in Miami has garnered significant attention. The condo, spanning 2,525 square feet, was sold for an impressive $1,651,000, at a price per square foot of $654.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,651,000
  • Square Footage: 2,525
  • Address: 1060 Brickell Avenue Unit 4505
  • Market: Miami

Trevor Silver emerges as the buyer in this deal, while Charles Wendel takes on the role of the seller. Facilitating the transaction were Elke Johnson and Dean Bloch from Douglas Elliman, representing the buyer and seller, respectively.

Players

Dean Bloch
11 deals$85.1M volume
BROKER

Elke Johnson
Douglas Elliman
5 deals$18.4M volume
BROKER

Details

SOLD
IMAGE: Elke Johnson & Dean Bloch DATE: 03/31/2023 ADDRESS: 1060 Brickell Avenue Unit 4505 MARKET: Miami ASSET TYPE: Condo BUYER: Trevor Silver SELLER: Charles Wendel BROKERS: Elke Johnson (@_Elkstar_) & Dean Bloch (@Dean.Bloch) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanFlorida) SALE PRICE: $1,651,000 SF: 2,525 ~ PPSF: $654

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,053.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,865.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,826.58
Annual Debt Service$93,918.99