Aurelio M. Cammin Acquires Condo In Miami For $2.9M
SOLD
$2,875,000
Florida
See Similar DealsCondo12,483 SF
Sold 07/27/2023
SOLD
Aurelio M. Cammin Acquires Condo In Miami For $2.9M
2121 North Bayshore Drive
See Similar DealsCondo12,483 SF
Sold 07/27/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$230
Total Square Footage:12,483 SF
Transaction Type:Sale
The property involved in this transaction is a condominium located at 2121 North Bayshore Drive in Miami. The condo has a total area of 2,815 square feet. The sale price for the property was $2,875,000, resulting in a price per square foot of $1,021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,875,000
- Square Footage: 2,815
- Address: 2121 North Bayshore Drive, Miami
The buyer in this transaction is Aurelio M. Cammin, while the seller is Two Roads Development. The broker representing the buyer is Ruben Chamorro from Douglas Elliman.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$153,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,214.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,628.97
Annual Debt Service$163,547.60
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