Carolina Cortes Of Powered By DMT Represents Seller In Sale Of Miami Condo For $415,000
SOLD
$415,000
Florida
See Similar DealsCondo360 SF
Sold 10/03/2025
SOLD
Carolina Cortes Of Powered By DMT Represents Seller In Sale Of Miami Condo For $415,000
1265 Southwest 22nd Street
See Similar DealsCondo360 SF
Sold 10/03/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,152
Total Square Footage:360 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 1265 Southwest 22nd Street Unit 521 in the Miami market. The sale price for this unit is $415,000 with a total square footage of 360, resulting in a price per square foot of $1,152.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $415,000
- Square Footage: 360
- Price Per Square Foot: $1,152
- Address: 1265 Southwest 22nd Street Unit 521
- Market: Miami
- Seller's Representative: Carolina Cortes - Powered By DMT
- Date of Transaction: 10/03/2025
Carolina Cortes represents the seller in this deal, facilitating the transaction through her agency, Powered By DMT. The transaction was marked under contract on the date mentioned, indicating the progression towards finalizing the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$22,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,474.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,967.31
Annual Debt Service$23,607.74
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