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101 20th Street, Miami Beac...

Updated Sep 5, 2024

Reid Heidenry, Marko Gojanovic Acquires Condo At 101 20th St Miami Beach For $2.7M
SOLDCondo

Reid Heidenry, Marko Gojanovic Acquires Condo At 101 20th St Miami Beach For $2.7M

101 20th Street, Miami Beach, Florida 33139, United States

$2,725,000

$2,725,000/SF

Building Size

1 SF

Asset Type

Condo

Closing

Sep 9, 2022

About this deal

AI

A condo located at 101 20th St in Miami Beach has been sold for $2,725,000. The property spans 1,213 square feet and has a price per square foot of $2,246. The sale was facilitated by One Sotheby's International Realty, with Jeff Miller representing the seller and Reid Heidenry and Marko Gojanovic representing the buyer.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,725,000
  • Square Footage: 1,213
  • Price per Square Foot: $2,246
  • Date: 09/09/2022

Reid Heidenry and Marko Gojanovic from One Sotheby's International Realty served as the buyer's representatives in the deal, while Jeff Miller represented the seller. This successful sale reflects the expertise and professionalism of the involved parties in facilitating the transaction.

On the Map

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$2,725,000

$2,725,000/SF

Condo

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Players

Jeffrey Miller

Sotheby's International Realty

Broker

$110.8M

vol

9 deals

Broker
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Miami Beach Condo Market Snapshot

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Deal FAQ

About $2.7M per square foot on a published $2.7M for 1 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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