facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

279 Northwest 50th Street

Gary Ayer Purchases Condo At 279 Northwest 50th Street Miami For $2.32M With Brokers Batchelor & Trotter
SOLDCondo

Gary Ayer Purchases Condo At 279 Northwest 50th Street Miami For $2.32M With Brokers Batchelor & Trotter

279 Northwest 50th Street

$2,320,000

$1,065/SF

Building Size

2,177 SF

Asset Type

Condo

Closing

Sep 10, 2024

AI

The property involved in this transaction is a condo located at 279 Northwest 50th Street Unit A & B in the Miami market. The condo has a sale price of $2,320,000 and encompasses a total of 2,177 square feet, resulting in a price per square foot of $1,065.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,320,000
  • Address: 279 Northwest 50th Street Unit A & B
  • Market: Miami
  • Square Footage: 2,177
  • Price Per Square Foot: $1,065
  • Buyer: Gary Ayer
  • Brokers: Nancy Batchelor, Carolyn Batchelor & Hayden Trotter - Compass

The deal was facilitated by the brokers Nancy Batchelor, Carolyn Batchelor, and Hayden Trotter, who represent the buyer in this transaction. Their involvement highlights the collaborative effort required in real estate transactions of this nature.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.84%

Cash-on-Cash

-1.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93