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17111 Biscayne Boulevard

Daniela Levtov Acquires 7-Unit Condo In North Miami Beach For $8.4M
SOLDCondo

Daniela Levtov Acquires 7-Unit Condo In North Miami Beach For $8.4M

17111 Biscayne Boulevard

$8,400,000

$667/SF

Building Size

12,586 SF

Asset Type

Condo

Closing

Sep 1, 2022

AI

A condo located at 17111 Biscayne Blvd in North Miami Beach has been sold in a recent transaction. The property, which spans 12,586 square feet, consists of 7 units. The sale price for this condo was $8,400,000, resulting in a price per unit of $1,200,000. The price per square foot for this transaction was $667.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $8,400,000
  • Address: 17111 Biscayne Blvd, North Miami Beach
  • Market: North Miami Beach

Daniela Levtov, a representative from Smart Luxe Realty, facilitated this sale. She served as the broker representing the buyer and/or seller in the deal.

Players

Daniela Levtov

Smart Luxe Realty

Broker

$56.1M

vol

10 deals

Broker

Aventura 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

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93