SOLDCondo
Minh Pham Acquires Condo On Ocean Drive, Miami Beach For $1.1M
1330 Ocean Drive
$1,105,000
$681/SF
Building Size
1,622 SF
Asset Type
Condo
Closing
Nov 16, 2023
AI
A 1,622 square foot condo located at 1330 Ocean Drive in Miami Beach has been sold for $1,105,000. The property was purchased by Minh Pham.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,105,000
- Address: 1330 Ocean Drive, Miami Beach
- Square Footage: 1,622
Maggi Realty Group represented the buyer, Minh Pham, in the transaction. The seller, Scarlet Fire, was represented by Maria Corina Sosa from Compass.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93