James & Isabel Fieger Purchase Condo At 1331 Brickell Bay Drive Miami For $2.65M
1331 Brickell Bay Drive
$2,650,000
$1,244/SF
Building Size
2,130 SF
Asset Type
Condo
Closing
May 11, 2026
AI
The property involved in this transaction is a condo located at 1331 Brickell Bay Drive Unit 3007 in the Miami market. The sale price of the condo was $2,650,000, with a total square footage of 2,130, resulting in a price per square foot of $1,244.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,650,000
- Square Footage: 2,130
- Price per Square Foot: $1,244
- Buyer: James & Isabel Fieger
- Broker: Luis Fontaneda - Douglas Elliman
- Seller's Attorney: Gary Silberman - Silberman Law
- Buyer's Attorney: Jonathan Trabitz - Union Title Services
This transaction highlights the involvement of key individuals: Broker Luis Fontaneda represented both the Buyer and Seller, emphasizing the strong relationships that create unique opportunities in real estate transactions.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93