Keiti Silva, Peter Ancona & Sirlei Arnt Close $7.85M Condo Sale On Northeast 7th Avenue, Miami
3131 Northeast 7th Avenue, Unit PH5202, Miami, FL 33137
$7,850,000
$4,804/SF
Building Size
1,634 SF
Asset Type
Condo
Closing
Jun 26, 2023
About this deal
AI
A luxury condo located at 3131 Northeast 7th Avenue in Miami has been recently sold. The property, spanning 5,721 square feet, was listed at a sale price of $7,850,000. This spacious condo offers a desirable living space in a prime location.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,850,000
- Square Footage: 5,721
- Price per Square Foot: $1,372
- Address: 3131 Northeast 7th Avenue, Miami
Leading the transaction, the buyer’s representative was Keiti Silva from RE/MAX 360 Real Estate. On the other hand, Peter Ancona and Sirlei Arnt of London Foster Realty represented the sellers. This successful deal was facilitated by these experienced real estate professionals, ensuring a smooth transaction for both parties involved.
On the Map
$7,850,000
$4,804/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93