Alejandro Castillo Purchases Condo At Aston Martin Residences From Camilo Reyes For $3.2M
300 Biscayne Boulevard
$3,200,000
$1,665/SF
Building Size
1,921 SF
Asset Type
Condo
Closing
Sep 9, 2024
About this deal
AI
The asset involved in this transaction is a condo located at Aston Martin Residences, 300 Biscayne Blvd Way, Miami. The sale price for the property was $3,200,000, with 620 units available in the building. The condo has a total square footage of 1,921, resulting in a price per square foot of $1,665. The price per unit (PPU) stands at $5,161.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Buyer: Alejandro Castillo
- Seller: Camilo Reyes - CRB International investment
- Broker: Karen Riano
- Units: 620
- Square Footage: 1,921
- Price per Square Foot: $1,665
- Price per Unit: $5,161
In this transaction, Alejandro Castillo purchased the condo with Camilo Reyes representing CRB International investment as the seller's broker. Karen Riano facilitated the deal as the broker on behalf of the buyer, ensuring a smooth transaction process.
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $3.2M for 1,921 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93