Tarlan Mamedov Of One Commercial RE Represents Buyer In $3.33M Condo Sale In Miami
2669 South Bayshore Drive
$3,330,000
$1,816/SF
Building Size
1,833 SF
Asset Type
Condo
Closing
Sep 10, 2024
About this deal
AI
The property asset involved in this transaction is a condo located at 2669 South Bayshore Drive Unit 802N in Miami. The sale was finalized for a price of $3,330,000. The condo spans a total of 1,833 square feet, which equates to a price per square foot of $1,816.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,330,000
- Address: 2669 South Bayshore Drive Unit 802N
- Market: Miami
- Square Footage: 1,833
- Price per Square Foot: $1,816
- Buyer's Representative: Tarlan Mamedov - One Commercial RE
- Seller's Representative: Marcello Agostini - AG Real Estate Advisors LLC
This transaction involved key representatives including Tarlan Mamedov from One Commercial RE, representing the buyer, and Marcello Agostini from AG Real Estate Advisors LLC, representing the seller. Their involvement was crucial in facilitating the successful completion of this real estate deal.
On the Map
$3,330,000
$1,816/SF
Condo
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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
4.76%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93