Michael Murray Strauss Acquires Condo On 1100 Biscayne Blvd Downtown Miami For $1.61M
1100 Biscayne Boulevard, Miami, Florida 33132, United States Units:
$1,610,000
$773/SF
Building Size
2,081 SF
Asset Type
Condo
Closing
May 25, 2022
About this deal
AI
A condo located at 1100 Biscayne Blvd in Downtown Miami has been sold for $1,610,000. The property spans 2,081 square feet, resulting in a price per square foot of $774. The sale was finalized on 05/25/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,610,000
- Address: 1100 Biscayne Blvd, Downtown Miami
- Square Footage: 2,081
- Price per Square Foot: $774
The buyer of this condo is Michael Murray Strauss, while the sellers are Walter Olan Elmore and Isa Siu Ward. Paola Marulanda from ONE Sotheby's International Realty represented the buyer in this transaction.
On the Map
$1,610,000
$773/SF
Condo
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Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $773 per square foot on a published $1.6M for 2,081 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93