Cecilia Hinojosa Of The Corcoran Group Represents Buyer In $3.51M Sale Of Miami Condo
SOLD
Florida
See Similar DealsCondo2,700 SF
Sold 08/02/2024
SOLD
Cecilia Hinojosa Of The Corcoran Group Represents Buyer In $3.51M Sale Of Miami Condo
2127 Brickell Avenue
See Similar DealsCondo2,700 SF
Sold 08/02/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,300
Total Square Footage:2,700 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$187,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,470.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,639.19
Annual Debt Service$199,670.29
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