Brittany Sager Acquires Condo In Miami For $1.67M With Buyer's Rep Darin Feldman - Insignia International Properties
SOLD
$1,675,000
Florida
See Similar DealsCondo1,794 SF
Sold 04/05/2023
SOLD
Brittany Sager Acquires Condo In Miami For $1.67M With Buyer's Rep Darin Feldman - Insignia International Properties
1040 Biscayne Boulevard
See Similar DealsCondo1,794 SF
Sold 04/05/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$933
Total Square Footage:1,794 SF
Transaction Type:Sale
The condo unit located at 1040 Biscayne Blvd. Unit 2603 in Miami has been sold for a transaction price of $1,675,000. The property spans 1,794 square feet and has a price per square foot of $934. The sale was closed on 04/05/2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,675,000
- Address: 1040 Biscayne Blvd. Unit 2603, Miami
- Market: Miami
The buyer of the property is Brittany Sager, while the seller is Miltiadis Kastanis. Representing the buyer is Darin Feldman from Insignia International Properties, and representing the seller is Miltiadis Kastanis from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,950.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,940.35
Annual Debt Service$95,284.25
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