Nathan Shore Of Douglas Elliman Represents Buyer In $2.1M Sale Of Brickell Condo
1451 Brickell Avenue
$2,100,000
$1,292/SF
Building Size
1,625 SF
Asset Type
Condo
Closing
Feb 14, 2025
AI
A condo located at 1451 Brickell Avenue Unit 4002 in Miami has been sold with a sale price of $2,100,000. The unit encompasses a total square footage of 1,625, leading to a price per square foot of $1,292.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,100,000
- Square Footage: 1,625
- Price per Square Foot: $1,292
- Buyer’s Representative: Nathan Shore - Douglas Elliman
- Seller’s Representative: Luis Duarte - Berkshire Hathaway HomeServices
- Transaction Date: 02/14/2025
Nathan Shore represented the buyer in this transaction while Luis Duarte represented the seller. Both are affiliated with well-known real estate agencies in the Miami market, contributing to the successful close of 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93