Daniel Ramanich Purchases Luxury Condo In Bay Harbor Islands For $2.2 Million With Assistance From Brokers
10201 East Bay Harbor Drive
$2,200,000
$1,333/SF
Building Size
1,650 SF
Asset Type
Condo
Closing
Jan 31, 2025
AI
10201 East Bay Harbor Drive Unit 203 is a condo located in the Bay Harbor Islands market. This luxury waterfront residence features 3 bedrooms and 3.5 bathrooms, offering a total of 1,650 square feet. The property was sold for $2,200,000, equating to a price per square foot of $1,333.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,200,000
- Square Footage: 1,650
- Price per Square Foot: $1,333
- Buyer: Daniel Ramanich
- Seller: Mary Turnier
- Buyer's Representative: Viktoriya Donisova Ho - Compass
- Seller's Representative: Fernando Rodriguez - Fortune Christie's Realty
The transaction involved key individuals such as the buyer, Daniel Ramanich, and the seller, Mary Turnier. Viktoriya Donisova Ho from Compass represented the buyer while Fernando Rodriguez from Fortune Christie's Realty represented the seller in this property deal.
Players
Bay Harbor Islands Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93