Cecilia Hinojosa Of The Corcoran Group Represents Buyer In $3.51M Sale Of Miami Condo
2127 Brickell Avenue
$3,510,000
$1,300/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
Aug 2, 2024
AI
A condo located at 2127 Brickell Avenue, Miami has been sold for $3,510,000. The property features 2,700 square feet, resulting in a price per square foot of $1,300. This transaction achieved the highest price per square foot in the Bristol Tower.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,510,000
- Square Footage: 2,700
- Price per Square Foot: $1,300
- Buyer's Representative: Cecilia Hinojosa - The Corcoran Group
- Seller's Representative: Jill Balli - Sotheby's International Realty
The transaction was facilitated by Cecilia Hinojosa representing the buyer through The Corcoran Group and Jill Balli representing the seller via Sotheby's International Realty.
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
4.52%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93