Daniel Ramanich Purchases Luxury Condo In Bay Harbor Islands For $2.2 Million With Assistance From Brokers
SOLD
$2,200,000
Florida
See Similar DealsCondo1,650 SF
Sold 01/31/2025
SOLD
Daniel Ramanich Purchases Luxury Condo In Bay Harbor Islands For $2.2 Million With Assistance From Brokers
10201 East Bay Harbor Drive
See Similar DealsCondo1,650 SF
Sold 01/31/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,333
Total Square Footage:1,650 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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