Eva Garzon Of The Grand Lion Real Estate Group Acquires Condo For $6.1M
300 Biscayne Boulevard
$6,100,000
$1,270/SF
Building Size
4,800 SF
Asset Type
Condo
Closing
May 22, 2024
AI
The property involved in the transaction is a Condo located at 300 Biscayne Boulevard in Miami. The asset, known as Aston Martin Residences, was sold for $6,100,000. The Condo spans 4,800 square feet, resulting in a price per square foot of $1,271.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,100,000
- Address: 300 Biscayne Boulevard
- Market: Miami
- Seller: Aston Martin Residences
- Buyer's Rep: Eva Garzon - The Grand Lion Real Estate Group
- Seller's Rep: Jessica Juliao - Cervera Real Estate
- SF: 4,800
- PPSF: $1,271
The deal involved Eva Garzon from The Grand Lion Real Estate Group representing the buyer and Jessica Juliao from Cervera Real Estate representing the seller, Aston Martin Residences.
Players
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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93