Aurelio M. Cammin Acquires Condo In Miami For $2.9M
2121 North Bayshore Drive
$2,875,000
$230/SF
Building Size
12,483 SF
Asset Type
Condo
Closing
Jul 27, 2023
AI
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
Market 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
5.52%
Cash-on-Cash
-1.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93