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
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93