Fabio Massaro Acquires Condo On 1428 Brickell Avenue In Miami From Ytech
SOLD
$5,510,900
+ 1
Florida
See Similar DealsCondo100,762 SF
Sold 02/06/2023
SOLD
Fabio Massaro Acquires Condo On 1428 Brickell Avenue In Miami From Ytech
1428 Brickell Avenue 4105
See Similar DealsCondo100,762 SF
Sold 02/06/2023
+ 1
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$54
Total Square Footage:100,762 SF
Transaction Type:Sale
A condominium unit located at 1428 Brickell Avenue 4105 in Miami has been sold for a total price of $5,510,900. The property spans across 100,762 square feet with a price per square foot of $55. The transaction took place on February 6, 2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,510,900
- Address: 1428 Brickell Avenue 4105, Miami
- Market: Miami
- Buyer: Fabio Massaro
- Seller: Ytech
- Buyer's Representative: Piero Ruggeri & Claudio Bagliani - Cosmore Real Estate
- Seller's Representative: Jennifer Behar Cervera - Cervera Real Estate
Piero Ruggeri and Claudio Bagliani from Cosmore Real Estate represented the buyer, Fabio Massaro, in this transaction. Jennifer Behar Cervera from Cervera Real Estate acted as the seller's representative on behalf of Ytech.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,914.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,579.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,124.48
Annual Debt Service$313,493.73
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