Daniela Levtov Acquires 7-Unit Condo In North Miami Beach For $8.4M
SOLD
$8,400,000
Florida
See Similar DealsCondo12,586 SF
Sold 09/01/2022
SOLD
Daniela Levtov Acquires 7-Unit Condo In North Miami Beach For $8.4M
17111 Biscayne Boulevard
See Similar DealsCondo12,586 SF
Sold 09/01/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$667
Total Square Footage:12,586 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$448,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43
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