John Lee Acquires Condo At 1100 Biscayne Boulevard In Miami For $2.6M
1100 Biscayne Blvd, Miami, FL 33132, United States
$2,600,000
$861/SF
Building Size
3,017 SF
Asset Type
Condo
Closing
Aug 17, 2023
About this deal
AI
A condominium located at 1100 Biscayne Boulevard in Miami has been sold in a recent transaction. The property spans 3,017 square feet and was sold for a total price of $2,600,000. The asking price for the condo was $2,799,999, and the sale price reflects a cost of $862 per square foot.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,600,000
- Address: 1100 Biscayne Boulevard, Miami
- Size: 3,017 square feet
The buyer in this transaction is John Lee, while the seller is Mark Jans. Representing the buyer is Jordan Millman from West Avenue Realty, and representing the seller is Mary Yasol from Coldwell Banker Realty.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $861 per square foot on a published $2.6M for 3,017 square feet (2023).
Visit Mary May Yasol to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93