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300 Biscayne Boulevard

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

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

300 Biscayne Boulevard

$1,200,000

$600/SF

Building Size

2,000 SF

Asset Type

Condo

Closing

Jul 24, 2025

AI

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

Broker

$17.2M

vol

7 deals

Broker
HL Real Estate Group
HL Real Estate GroupBrokerage

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93