facebook
Traded Co logo
Submit

360 Ocean Drive Key Biscayne Condo Sold For $10M By Graber Realty Group & One Sotheby's International Realty

Property Image
SOLD
$10,000,000

Florida

See Similar Deals
Condo3,791 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

360 Ocean Drive Key Biscayne Condo Sold For $10M By Graber Realty Group & One Sotheby's International Realty

360 Ocean Drive

See Similar Deals
Condo3,791 SF
Sold
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2637
Total Square Footage:3791 SF
Transaction Type:Sale

A condominium unit located at 360 Ocean Drive in Key Biscayne has been sold for $10,000,000. The property spans across 3,791 square feet, resulting in a price per square foot of $2,638.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $10,000,000
  • Address: 360 Ocean Drive, Key Biscayne
  • Square Footage: 3,791

The sale was facilitated by the following brokers: Juan "Zulu" Zuluaga from Graber Realty Group, and Joelle Oiknine and Jorge Uribe from One Sotheby's International Realty.

Players

Jorge Uribe
11 deals$187.4M volume(786) 371-8777
BROKER

Joelle Oiknine
Sotheby's International Realty
8 deals$99.8M volume(305) 491-1885
BROKER

Juan "Zulu" Zuluaga
Coldwell Banker
4 deals$33.5M volume
BROKER

Graber Realty Group
BROKERAGE

Compass
BROKERAGE

Details

SOLD
IMAGE: Jorge Uribe, Juan "Zulu" Zuluaga & Joelle Oiknine DATE: 11/23/2021 ADDRESS: 360 Ocean Drive MARKET: Key Biscayne ASSET TYPE: Condo BROKERS: Juan "Zulu" Zuluaga (@Zuluaga) - Graber Realty Group; Joelle Oiknine (@JoelleRealtorMiami) & Jorge Uribe (@UribeMiami) - One Sotheby's International Realty SALE PRICE: $10,000,000 SF: 3,791 ~ PPSF: $2,638

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$533,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22