Related Group & Integra Investments Sell Condo On Brickell Avenue In Miami For $3.52M
1809 Brickell Ave Miami, FL 33129, USA
$3,520,000
$1,345/SF
Building Size
2,616 SF
Asset Type
Condo
Closing
Jun 21, 2023
AI
The property involved in this transaction is a condo located at 1809 Brickell Avenue in Miami. The property was sold by Related Group & Integra Investments for a price of $3,520,000. The condo has a total square footage of 2,616, resulting in a price per square foot of $1,346.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,520,000
- Square Footage: 2,616
- Price per Square Foot: $1,346
- Seller: Related Group & Integra Investments
- Buyer's Representative: Mikhail Mudrik - The Agency
Mikhail Mudrik of The Agency represented the buyer in this transaction.
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
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93