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Kenneth M. Feldman Acquires Luxury Condo At 20 Northeast 11th Street Miami For $6,625,000
SOLD
$6,625,000
Florida
See Similar DealsCondo
Sold 05/13/2026
SOLD
Kenneth M. Feldman Acquires Luxury Condo At 20 Northeast 11th Street Miami For $6,625,000
20 Ne 11th St Miami, Fl 33132, Usa
See Similar DealsCondo
Sold 05/13/2026
Summary
FLORIDA
Asset Type:Condo
Transaction Type:Sale
A luxury condominium unit located at 20 Northeast 11th Street in Miami has been sold for $6,625,000. The transaction was officially closed on May 13, 2026.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,625,000
- Buyer: Kenneth M. Feldman
- Seller: Ryan Shear
- Closing Date: May 13, 2026
Kenneth M. Feldman has acquired the unit from Ryan Shear in this residential transaction. This deal reflects a significant transfer of real estate in the Miami area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$353,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,537.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,405.88
Annual Debt Service$376,870.56
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