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Wael Kdo Purchases Waterfront Penthouse From Ron Aman For $1.2M In Miami

Property Image
SOLD
$1,200,000

Florida

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Condo2,000 SF
Sold 07/25/2025
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Property Image
SOLD

Wael Kdo Purchases Waterfront Penthouse From Ron Aman For $1.2M In Miami

300 Biscayne Boulevard

See Similar Deals
Condo2,000 SF
Sold 07/25/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$600
Total Square Footage:2,000 SF
Transaction Type:Sale

A condo, specifically a waterfront penthouse located at 300 Biscayne Boulevard PH-3902 in Miami, was sold for $1,200,000. The property boasts a total area of 2,000 square feet and is situated in the Downtown neighborhood, characterized by its luxurious offerings.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,200,000
  • Buyer: Wael Kdo
  • Seller: Ron Aman
  • Seller's Representative: Benjamin Malayev - HL Real Estate Group
  • Price per Square Foot: $600

The deal was facilitated by Benjamin Malayev, who represented the seller, providing expertise that ensured a successful closing for this high-value property transaction. His role included handling communications and negotiations, contributing to the professionalism of the transaction.

Players

Benjamin Malayev
HL Real Estate Group
Benjamin Malayev
7 deals$17.2M volume(347) 551-9919
BROKER
HL Real Estate Group
HL Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Benjamin Malayev DATE: 07/25/2025 ADDRESS: 300 Biscayne Boulevard PH-3902 MARKET: Miami ASSET TYPE: Condo BUYER: Wael Kdo SELLER: Ron Aman SELLER'S REP: Benjamin Malayev (@RealdealBenji) - HL Real Estate Group (@HLRealEstateGroup) SALE PRICE: $1,200,000 SF: 2,000 ~ PPSF: $600 NOTE FROM SELLER'S REP: We are thrilled to announce the successful closing of a stunning 3-bedroom, 3.5-bathroom waterfront penthouse at The Met-1, located in the prestigious Downtown neighborhood. For those seeking to acquire similarly elite properties or contemplating the sale of their own, we invite you to connect with us. With a proven track record in luxury buying, selling, and investing, we ensure each transaction is executed with the utmost professionalism, discretion, and efficiency. In addition, we provide access to an exclusive portfolio of off-market properties, offering our discerning clients unique opportunities not available to the general market. Whether you're exploring new opportunities or seeking expert guidance in selling your property, I am committed to surpassing your expectations with exceptional service and remarkable results. Let's connect and make your real estate goals a reality. 🤝

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35