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175 Southeast 25th Road

Vlad Doronin Of OKO Group And Jonathan Goldstein Of Cain International Sell 50 Condos For $172M In Miami
SOLDCondo

Vlad Doronin Of OKO Group And Jonathan Goldstein Of Cain International Sell 50 Condos For $172M In Miami

175 Southeast 25th Road

$172,000,000

Building Size

Asset Type

Condo

Closing

Apr 23, 2026

AI

The property involved in this transaction is a condo located at 175 Southeast 25th Road in Miami. The sale price for this asset is $172,000,000. It is part of the Una Residences in Brickell, which features a 47-story, 129-unit tower built by OKO Group and Cain International. The transaction involved nearly 50 buyers closing on units within this development, highlighting the interest in this luxury property market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $172,000,000
  • Seller: Vlad Doronin - OKO Group
  • Seller: Jonathan Goldstein - Cain International
  • Notable Buyers: Maike Oberwelland-Height’s trust, Manuel J. Balbontin, Bert van der Walt’s trust
  • Buyer Amounts: $8.3 million, $6.2 million, $2.6 million

This transaction was characterized by a significant influx of high-net-worth purchasers, with a notable German candy billionaire among the buyers. The involvement of prominent figures such as the vice chairman of Vinci Compass and the co-founder of Tectonic Investors further demonstrates the attractiveness of the Miami luxury real estate market.

Players

Vlad Doronin

OKO Group

Seller

$1.8B

vol

14 deals

Seller

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

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93