Aston Martin Residences Sells Condo In Miami's 300 Biscayne Blvd Way For $4.8M
300 Biscayne Boulevard
$4,800,000
$1,334/SF
Building Size
3,598 SF
Asset Type
Condo
Closing
Mar 15, 2022
AI
The Aston Martin Residences in Miami have recently sold a luxurious condominium unit located at 300 Biscayne Blvd Way. The property, which features exquisite design and top-notch amenities, was sold for a significant price of $4,800,000. Spanning across approximately 3,598 square feet, this spacious condo offers a comfortable and elegant living space for its new owner.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,800,000
- Square Footage: 3,598
- Price per Square Foot: $1,334
- Address: 300 Biscayne Blvd Way, Miami
The sale of this condo was facilitated by Francisco Paez from Fortune International Realty. As the representative of Aston Martin Residences, Francisco Paez played a crucial role in ensuring a successful transaction for both the buyer and seller. This sale highlights the demand for high-end properties in the Miami market and showcases the expertise of Francisco Paez and Fortune International Realty in handling such transactions.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93