Brittany Sager Acquires Condo In Miami For $1.67M With Buyer's Rep Darin Feldman - Insignia International Properties
1040 Biscayne Boulevard
$1,675,000
$933/SF
Building Size
1,794 SF
Asset Type
Condo
Closing
Apr 5, 2023
AI
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.
Players
Miami 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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93