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3600 Northeast 2nd Avenue

Nzan Ogen Acquires Condo At 3600 Northeast 2nd Avenue Unit 2101 For $3M With Buyer’s Rep Stacy Bejarano And Seller’s Rep Cesar Alvarez
SOLDCondo

Nzan Ogen Acquires Condo At 3600 Northeast 2nd Avenue Unit 2101 For $3M With Buyer’s Rep Stacy Bejarano And Seller’s Rep Cesar Alvarez

3600 Northeast 2nd Avenue

$3,000,000

$1,300/SF

Building Size

2,307 SF

Asset Type

Condo

Closing

Jul 1, 2026

AI

The asset involved in this transaction is a condo located at 3600 Northeast 2nd Avenue Unit 2101, in the Miami market. The property has a sale price of $3,000,000 and encompasses a total square footage of 2,307, resulting in a price per square foot of $1,300.

Summary of transaction details:

Key individuals involved in the deal include the buyer Nzan Ogen and the seller David Martin. The transaction was facilitated by buyer's representative Stacy Bejarano from Prestige 1 Realty and seller's representative Cesar Alvarez from Douglas Elliman, ensuring the interests of both parties were effectively represented throughout the sale process.

Players

Cesar Alvarez

The Agency

Broker

$2.3M

vol

1 deal

Broker

David Martin

Seller

$11M

vol

3 deals

Seller

Miami 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93