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1755 John F Kennedy Causeway

Rebecca Fischer Facilitates $1.65M Sale Of Pre-Construction Condo In North Bay Village
SOLDCondo

Rebecca Fischer Facilitates $1.65M Sale Of Pre-Construction Condo In North Bay Village

1755 John F Kennedy Causeway

$1,650,000

$1,305/SF

Building Size

1,264 SF

Asset Type

Condo

Closing

Apr 1, 2024

AI

The pre-construction condo located at 1755 JFK Causeway in North Bay Village, Miami, has been sold for $1,650,000. The property spans 1,264 square feet, resulting in a price per square foot of $1,305. The seller, The Continuum Group, has successfully closed this transaction, with Rebecca Fischer from The Nussbaum Team at Real Brokerage LLC representing the buyer.

Summary of transaction details:

  • Property Type: Pre Construction Condo
  • Transaction Amount: $1,650,000
  • Address: 1755 JFK Causeway
  • Market: North Bay Village, Miami
  • Buyer's Rep: Rebecca Fischer - The Nussbaum Team - Real Brokerage LLC

Rebecca Fischer of Real Brokerage has played a key role in finalizing the sale of this property. She is dedicated, devoted, and totally committed to serving clients interested in properties within North Bay Village. With this sale, another residence in the promising Island and North Bay Village area has changed hands, reflecting the increasing demand for real estate in this neighborhood.

Players

Rebecca Fischer

Real Broker

Broker

$8.9M

vol

4 deals

Broker

North Bay Village 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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93