Douglas Elliman Acquires Condo On Biscayne Blvd. In Miami For $2.12M
1100 Biscayne Boulevard, Miami, Florida 33132, United States
$2,125,000
$735/SF
Building Size
2,888 SF
Asset Type
Condo
Closing
Feb 18, 2022
AI
The property at 1100 Biscayne Blvd. in Miami has been sold. The condo, with a total area of 2,888 square feet, was sold for a price of $2,125,000, resulting in a price per square foot of $736. The sale took place on February 18, 2022.
Summary of transaction details:
- Property Type: Condo
- Sale Price: $2,125,000
- Square Footage: 2,888
- Price per Square Foot: $736
- Address: 1100 Biscayne Blvd., Miami
The buyer was represented by Dan Hechtkopf and Marci DeClaris from Douglas Elliman. On the other hand, Darin J. Feldman from Insignia International Properties acted as the seller's representative.
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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93