Heidi Verdezoto Acquires Condo On North Bayshore Drive In Miami For $1.82M
2020 North Bayshore Drive
$1,820,000
$1,084/SF
Building Size
1,679 SF
Asset Type
Condo
Closing
Dec 1, 2022
AI
Located at 2020 North Bayshore Drive in Miami, this condominium in the Paramount Bay building was recently sold in a closed transaction. The property, measuring 1,679 square feet, was purchased by Heidi Verdezoto for a price of $1,820,000. With a price per square foot of $1,084, this sale represents the highest recorded sale in Paramount Bay in Edgewater.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,820,000
- Square Footage: 1,679
- Price per Square Foot: $1,084
- Address: 2020 North Bayshore Drive
- Market: Miami
The buyer, Heidi Verdezoto, acquired the property from the seller, Ramesh Haridas. The transaction was facilitated by Agata Munoz of Miami Views Realty, who represented both the buyer and the seller. Agata Munoz can be contacted at 305-900-7317 or via email at [email protected] for any inquiries regarding real estate sales or investments.
Note from Broker: This notable transaction sets a new sales record for Paramount Bay in Edgewater.
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
8.72%
Cash-on-Cash
-2.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93