Brad Cozza Acquires Condo In Miami For $1.2M With Cozza Realty Group Inc As His Representative
2700 Northwest 2nd Avenue #234,Miami,Florida & 2700 Northwest 2nd Avenue #239, Miami,Florida
$1,200,000
$600/SF
Building Size
2,000 SF
Asset Type
Condo
Closing
Mar 8, 2023
AI
The condo located at 2700 Northwest 2nd Avenue in Miami has been sold in a recent transaction. The property, spanning 1,000 square feet, was purchased by Brad Cozza for a total price of $1,200,000, resulting in a price per square foot of $1,200. The seller, Jon Paul Perez, enlisted the services of Brad Cozza and Lukas Escobar from Cozza Realty Group Inc as the buyer's representatives in the deal.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,200,000
- Address: 2700 Northwest 2nd Avenue
- Market: Miami
This transaction showcases the successful collaboration between Brad Cozza, the buyer, and Cozza Realty Group Inc, who acted as the buyer's representatives. With their expertise, they facilitated the purchase of the condo at 2700 Northwest 2nd Avenue, ensuring a smooth and efficient transaction process.
Players
Market 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93