facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

1451 Brickell Avenue

Nathan Shore Of Douglas Elliman Represents Buyer In $2.1M Sale Of Brickell Condo
SOLDCondo

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:

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

Nathan Shore

Douglas Elliman

Broker

$34.1M

vol

12 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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