Related Group Sells Condo At 1809 Brickell Avenue Miami For $22.7 Million With Damian Silvi And Esteban Bird
1809 Brickell Avenue
$22,700,000
$3,071/SF
Building Size
7,391 SF
Asset Type
Condo
Closing
Aug 23, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 1809 Brickell Avenue in the Miami market. The sale price was $22,700,000, encompassing a total square footage of 7,391, leading to a price per square foot of $3,071.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $22,700,000
- Address: 1809 Brickell Avenue
- Market: Miami
- Square Footage: 7,391
- Price per Square Foot: $3,071
- Seller: Related Group
- Buyer's Representative: Esteban Bird - Million Luxury
- Seller's Representative: Damian Silvi - One Sotheby’s International Realty
This transaction involved Esteban Bird representing the buyer through Million Luxury, while Damian Silvi represented the seller through One Sotheby’s International Realty. The collaboration among these representatives facilitated the successful closing of the deal.
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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93