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
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