Roxana Mirabal Purchases Condo In Miami Beach From Lawrence Lowen For $2.5 Million
2201 Collins Avenue
$2,500,000
$2,371/SF
Building Size
1,054 SF
Asset Type
Condo
Closing
Jan 17, 2025
About this deal
AI
The property asset involved in this transaction is a condo located at 2201 Collins Avenue, Miami Beach. The sale price of the unit was $2,500,000, which equates to a price per square foot of $2,371. The condo encompasses a total area of 1,054 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,500,000
- Address: 2201 Collins Avenue, Miami Beach
- Square Footage: 1,054
- Price Per Square Foot: $2,371
- Buyer: Roxana Mirabal
- Seller: Lawrence Lowen
- Seller's Representative: Christopher Adeleke - Douglas Elliman
This transaction was facilitated by Christopher Adeleke from Douglas Elliman, who represented the seller, Lawrence Lowen, in the deal. The involvement of these professionals ensured a smooth negotiation process leading to the successful sale of the condo.
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $2.4K per square foot on a published $2.5M for 1,054 square feet (2025).
Visit Christopher Adeleke to view all their deals.
Browse Miami Beach condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93