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
About this deal
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.
The condo sale at 360 Ocean Drive in Key Biscayne, Florida sold for $10M in 2021. The building is 3,791 square feet, implying about 2.6K per square foot on the published price. Juan "Zulu" Zuluaga, Joelle Oiknine, Jorge Uribe, Graber Realty Group appear on the sale alongside Graber Realty Group, Sotheby's International Realty, Coldwell Banker. This page is the Key Biscayne, Florida file for the 360 Ocean Drive condo sold: pricing, party profiles, and other closed condo comps from the same Key Biscayne sit in the Market section below. Filter that Key Biscayne condo set by closing date to see what else sold near 360 Ocean Drive around 2021. Published consideration for 360 Ocean Drive is $10M, dated 2021. Cite this 360 Ocean Drive Key Biscayne Condo Sold For $10M By Graber Realty Group & One Sotheby's International Realty sale when underwriting similar condo product around Key Biscayne, Florida.
Players
Key Biscayne 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93