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3535 Hiawatha Avenue

Edilson Teixeira Camara & Adriana Hannickel Acquire Miami Condo For $5.15M
SOLDCondo

Edilson Teixeira Camara & Adriana Hannickel Acquire Miami Condo For $5.15M

3535 Hiawatha Avenue

$5,150,000

$1,156/SF

Building Size

4,453 SF

Asset Type

Condo

Closing

Sep 19, 2023

AI

Located at 3535 Hiawatha Avenue in Miami, this condo property was recently sold in a closed transaction. Spread across a total area of 4,453 square feet, the property offers ample space for comfortable living. The sale price for this condo was $5,150,000, resulting in a price per square foot of $1,157. The property features impressive amenities and is situated in a desirable location.

Summary of Transaction Details:

  • Property Type: Condo
  • Transaction Amount: $5,150,000
  • Address: 3535 Hiawatha Avenue, Miami
  • Square Footage: 4,453
  • Price per Square Foot: $1,157

Leading the deal as the buyer, Edilson Teixeira Camara and Adriana Hannickel successfully acquired this condo property. Representing them as their buyer's representative was Claudia Herrera from Compass Florida. On the other side, Ana Teresa Rodriguez from Coldwell Banker served as the seller's representative. Both buyer and seller were able to reach a mutually agreeable price, fulfilling their respective needs and preferences.

Players

Ana Teresa Rodriguez

Coldwell Banker

Broker

$170.6M

vol

21 deals

Broker

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

3.08%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93