Isaac Malagon And Jordan Amato Of One Sotheby’s International Realty Represent Buyer In $2.95M Miami Condo Sale
1040 Biscayne Boulevard
$2,950,000
$1,149/SF
Building Size
2,566 SF
Asset Type
Condo
Closing
Jul 16, 2026
About this deal
AI
The property asset involved in the transaction is a condo located at 1040 Biscayne Blvd, Miami, Florida 33132. The sale price for this property was $2,950,000, covering a total square footage of 2,566, which translates to a price per square foot of $1,149. The transaction took place in the Miami market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,950,000
- Address: 1040 Biscayne Blvd, Miami, Florida 33132
- Square Footage: 2,566
- Price Per Square Foot: $1,149
- Buyer's Representative: Isaac Malagon & Jordan Amato - One Sotheby’s International Realty
- Seller's Representatives: Daniel Tzinker - The Agency; Shai Ben Ami - Urban Core
- Date of Transaction: 07/16/2026
This transaction involved key representatives from both the buyer and seller sides. The buyers were represented by Isaac Malagon and Jordan Amato from One Sotheby’s International Realty. On the seller's side, the representatives included Daniel Tzinker from The Agency and Shai Ben Ami from Urban Core, working closely to facilitate the deal.
On the Map
$2,950,000
$1,149/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93