Luxury Condo In Miami's Brickell Bay Drive Sold For $1.65M By Lucas Lechuga At Luxe Living Miami
SOLD
$1,650,000
Florida
See Similar DealsCondo1,730 SF
Sold 03/21/2023
SOLD
Luxury Condo In Miami's Brickell Bay Drive Sold For $1.65M By Lucas Lechuga At Luxe Living Miami
1331 Brickell Bay Drive
See Similar DealsCondo1,730 SF
Sold 03/21/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$953
Total Square Footage:1,730 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions