SOLDCondo
360 Ocean Drive Key Biscayne Condo Sold For $10M By Graber Realty Group & One Sotheby's International Realty
360 Ocean Drive
$10,000,000
$2,637/SF
Building Size
3,791 SF
Asset Type
Condo
Closing
Nov 23, 2021
AI
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
Key Biscayne Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93