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
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