facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

300 Biscayne Boulevard

Ron Aman Acquires Waterfront Penthouse At 300 Biscayne Boulevard From Semmin Safi For $1.49M
SOLDCondo

Ron Aman Acquires Waterfront Penthouse At 300 Biscayne Boulevard From Semmin Safi For $1.49M

300 Biscayne Boulevard

$1,490,000

$762/SF

Building Size

1,955 SF

Asset Type

Condo

Closing

Sep 19, 2024

AI

The transaction involves the sale of a condo located at 300 Biscayne Boulevard, Miami, which closed at a price of $1,490,000. The property boasts a total area of 1,955 square feet, achieving a price per square foot of $762. This asset is characterized as a waterfront penthouse featuring 3 bedrooms and 3.5 bathrooms, situated in the Brickell neighborhood.

Summary of transaction details:

Benjamin Malayev represented the seller in this transaction, facilitating a successful closure of this property. The broker's experience in the luxury market supports a professional approach to buying, selling, and investing in real estate, ensuring efficient transactions.

Players

Benjamin Malayev

HL Real Estate Group

Broker

$17.2M

vol

7 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

10.65%

Cash-on-Cash

-3.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93