Astrid Miniet Of Robert Slack Represents Buyer In $7M Condo Sale At 2655 South Bayshore Drive
2655 South Bayshore Drive
$7,000,000
$2,578/SF
Building Size
2,715 SF
Asset Type
Condo
Closing
Sep 27, 2024
About this deal
AI
The condo located at 2655 South Bayshore Drive Unit 1501 is situated in the Miami market. This property was sold for a price of $7,000,000, encompassing a total area of 2,715 square feet, resulting in a price per square foot of $2,578.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,000,000
- Square Footage: 2,715
- Price Per Square Foot: $2,578
- Buyer's Representative: Astrid Miniet - Robert Slack
- Seller's Representatives: Daniel Tzinker & Amelia Todd - The Agency
- Date of Transaction: 09/27/2024
The transaction involved significant representation, with Astrid Miniet representing the buyer while Daniel Tzinker and Amelia Todd represented the seller through The Agency. Each representative played a crucial role in facilitating the sale of this property in the competitive Miami market.
On the Map
$7,000,000
$2,578/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93