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300 Biscayne Boulevard

Condo At Aston Martin Residences In Miami Sold For $4.075M With Seller's Reps Matias Alem & Sergio Balinotti
SOLDCondo

Condo At Aston Martin Residences In Miami Sold For $4.075M With Seller's Reps Matias Alem & Sergio Balinotti

300 Biscayne Boulevard

$4,075,000

$1,323/SF

Building Size

3,078 SF

Asset Type

Condo

Closing

Jun 10, 2025

AI

The property asset involved in this transaction is a condo located at 300 Biscayne Blvd Way Apt. # 1603, Miami, FL 33131 within the Aston Martin Residences. The unit spans an area of 3,078 square feet and was sold for a price of $4,075,000, translating to a price per square foot of $1,323 in the Miami market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,075,000
  • Square Footage: 3,078
  • Price Per Square Foot: $1,323
  • Address: 300 Biscayne Blvd Way Apt. # 1603, Miami, FL 33131
  • Market: Miami
  • Seller's Representative: Matias Alem & Sergio Balinotti - BRG International

This transaction was represented by Matias Alem and Sergio Balinotti, both associated with BRG International, serving as the broker representatives for the seller in this deal.

Players

Matias Alem

BRG International

Broker

$224.3M

vol

33 deals

Broker
BRG International
BRG InternationalBrokerage

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

3.89%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93