Robert Dorfman Purchases Condo From Jeffery Stuart In Miami For $2.41M With Broker Sarina Nayebmohammadi
SOLD
$2,410,000
Florida
See Similar DealsCondo2,133 SF
Sold 09/25/2025
SOLD
Robert Dorfman Purchases Condo From Jeffery Stuart In Miami For $2.41M With Broker Sarina Nayebmohammadi
300 Biscayne Boulevard
See Similar DealsCondo2,133 SF
Sold 09/25/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,129
Total Square Footage:2,133 SF
Transaction Type:Sale
The asset involved in this transaction is a condo located at 300 Biscayne Boulevard Way, Miami. The sale price was $2,410,000, with a total square footage of 2,133, resulting in a price per square foot of $1,129.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,410,000
- Square Footage: 2,133
- Price per Square Foot: $1,129
- Buyer: Robert Dorfman
- Seller: Jeffery Stuart
- Broker: Sarina Nayebmohammadi - LoKation® Real Estate
This transaction reflects the collaboration between notable individuals in the real estate market, notably broker Sarina Nayebmohammadi of LoKation® Real Estate, who represented the transaction without detailing the specifics of the negotiations involved in the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$128,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,562.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,424.63
Annual Debt Service$137,095.55
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