Patrick Davidson Acquires Condo At 2020 Bayshore Dr, Miami In $1.95M Sale
2020 Bayshore Dr #802, Miami, Fl 33129, USA
$1,950,000
$828/SF
Building Size
2,353 SF
Asset Type
Condo
Closing
Feb 9, 2022
About this deal
AI
A condo located at 2020 Bayshore Dr in Miami has been sold for the price of $1,950,000. The property spans across 2,353 square feet and has a price per square foot of $829. The transaction took place on 02/09/2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,950,000
- Address: 2020 Bayshore Dr, Miami
- Square Footage: 2,353
- Price per Square Foot: $829
The buyer of the condo is Patrick Davidson, while the seller is Heidi Marie Heinau. The transaction was facilitated by Brandon Brugal from BZG International, who acted as the broker for both parties involved.
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $828 per square foot on a published $2M for 2,353 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93