Rie Nakai Of Compass Represents Buyer In $4.8M Sale Of Miami Condo At 1425 Brickell Avenue
1425 Brickell Avenue
$4,800,000
$1,429/SF
Building Size
3,357 SF
Asset Type
Condo
Closing
Sep 1, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 1425 Brickell Avenue Unit 58E in the Miami market. The sale price was $4,800,000, with a total square footage of 3,357, resulting in a price per square foot of $1,429.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,800,000
- Address: 1425 Brickell Avenue Unit 58E
- Market: Miami
- Square Footage: 3,357
- Price Per Square Foot: $1,429
- Buyer's Representative: Rie Nakai - Compass
- Seller's Representatives: Michael Light & Jaimee Light - The Light Group - Douglas Elliman
This transaction features Rie Nakai representing the buyer, while Michael Light and Jaimee Light represented the seller through their firm, The Light Group, affiliated with Douglas Elliman. The involvement of these representatives highlights the roles of key individuals in facilitating the deal.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93