Luxury Condo In Miami's Brickell Bay Drive Sold For $1.65M By Lucas Lechuga At Luxe Living Miami
1331 Brickell Bay Drive
$1,650,000
$953/SF
Building Size
1,730 SF
Asset Type
Condo
Closing
Mar 21, 2023
AI
A luxury condo located at 1331 Brickell Bay Drive in Miami has been sold for a price of $1,650,000. The property, consisting of 1,730 square feet, was represented by broker Lucas Lechuga from Luxe Living Miami. The transaction took place on 03/21/2023.
Summary of transaction details:
- Property Type: Condo
- Sale Price: $1,650,000
- Square Footage: 1,730
- Price per Square Foot: $954
- Address: 1331 Brickell Bay Drive, Miami
Lucas Lechuga from Luxe Living Miami acted as the broker for this sale transaction. The condo offers a luxurious living experience in the heart of Miami. With its prime location and spacious square footage, it presents a desirable investment opportunity.
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Savigliano Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93