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2900 Northeast 7th Avenue

Roni Avissar Purchases Condo At 2900 Northeast 7th Avenue For $1.635M With Batchelor's Representation
SOLDCondo

Roni Avissar Purchases Condo At 2900 Northeast 7th Avenue For $1.635M With Batchelor's Representation

2900 Northeast 7th Avenue

$1,635,000

$962/SF

Building Size

1,698 SF

Asset Type

Condo

Closing

Nov 8, 2024

AI

The property is a condo located at 2900 Northeast 7th Avenue Unit 3802 in Miami. It was sold for a transaction amount of $1,635,000. The condo has a total area of 1,698 square feet, resulting in a price per square foot of $962.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: $1,635,000
  • Address: 2900 Northeast 7th Avenue Unit 3802
  • Market: Miami
  • Square Footage: 1,698
  • Price per Square Foot: $962
  • Buyer: Roni Avissar
  • Buyer's Representatives: Nancy Batchelor & Carolyn Batchelor
  • Agency: Compass

Nancy Batchelor and Carolyn Batchelor represented the buyer, Roni Avissar, in this transaction, negotiating the sale of the condo situated in the Miami market. The representatives are affiliated with Compass, showcasing their role in facilitating this deal.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

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

9.70%

Cash-on-Cash

-2.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93