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Keiti Silva, Peter Ancona & Sirlei Arnt Close $7.85M Condo Sale On Northeast 7th Avenue, Miami

Property Image
SOLD
$7,850,000
Peter Ancona
Keiti Silva
Sirlei Arnt

Florida

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Condo1,634 SF
Sold 06/26/2023
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Condo1,634 SF
Sold 06/26/2023
Peter Ancona
Keiti Silva
Sirlei Arnt
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$4,804
Total Square Footage:1,634 SF
Transaction Type:Sale

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.

Players

Keiti Silva
Cervera Real Estate
Keiti Silva
9 deals$158.4M volume(786) 838-3687
BROKER
Peter Ancona
Peter Ancona
2 deals$18.1M volume
BROKER
Sirlei Arnt
London Foster Realty
Sirlei Arnt
1 deal$7.9M volume(305) 514-0100
BROKER

Details

SOLD
IMAGE: Keiti Silva, Peter Ancona & Sirlei Arnt DATE: 06/26/2023 ADDRESS: 3131 Northeast 7th Avenue - MARKET: Miami ASSET TYPE: Condo BUYER'S REP: Keiti Silva (@Keiti.CRE) - RE/MAX 360 Real Estate (@Remax360miami) SELLER'S REP: Peter Ancona (@PeterJancona) & Sirlei Arnt (@Sirleiarnt) - London Foster Realty (@London.Foster.Realty) SALE PRICE: $7,850,000 SF: 5,721 ~ PPSF: $1,372

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$418,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,889.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,213.00
Annual Debt Service$446,556.06