Luis Garcia Of Adonel Concrete Sells Condo At 1425 Brickell Avenue For $11.3M
1425 Brickell Avenue
$11,300,000
$2,528/SF
Building Size
4,470 SF
Asset Type
Condo
Closing
Apr 17, 2026
AI
The property involved in this transaction is a condo located at 1425 Brickell Avenue in Miami. The sale price was $11,300,000 for a total area of 4,470 square feet, resulting in a price per square foot of approximately $2,528. This sale involved a residence known as Lower Penthouse 66 at Four Seasons Residences Brickell, characterized by its four bedrooms and high-end turnkey finishes.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,300,000
- Sale Price per Square Foot: $2,528
- Square Footage: 4,470
- Address: 1425 Brickell Avenue, Miami
- Seller: Luis Garcia - Adonel Concrete
- Broker: Ana Teresa Rodriguez - ATR Luxury Homes Group - Coldwell Banker
Ana Teresa Rodriguez represented the seller, Luis Garcia, in this transaction. The deal is highlighted by its record-setting sale price per square foot for the building, showcasing the ongoing demand for large-format ultra-luxury condos in the Brickell area of Miami.
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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93