Gil Brendel & Sarah Gozlan Of G Realty Group Acquires Miami Beach Condo At 102 24th St PH-1615 For $4.1M
SOLD
$4,100,000
Florida
See Similar DealsCondo1,694 SF
Sold 03/31/2023
SOLD
Gil Brendel & Sarah Gozlan Of G Realty Group Acquires Miami Beach Condo At 102 24th St PH-1615 For $4.1M
102 24th Street
See Similar DealsCondo1,694 SF
Sold 03/31/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,420
Total Square Footage:1,694 SF
Transaction Type:Sale
The recently closed property transaction in Miami Beach involved the sale of a condo located at 102 24th St PH-1615. The property, spanning 1,694 square feet, was sold for a sale price of $4,100,000. The asking price for this condo was $4,950,000, and the price per square foot stood at $2,420.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,100,000
- Address: 102 24th St PH-1615
- Market: Miami Beach
The seller of this property was Bosko Djordjevic. Representing the buyer in this transaction were Gil Brendel and Sarah Gozlan of G Realty Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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