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3900 Island Blvd B202 Avent...

Gaston Taratuta Acquires Condo In Aventura For $548,988 With Ariel Teodoro Hollender - Compass
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Gaston Taratuta Acquires Condo In Aventura For $548,988 With Ariel Teodoro Hollender - Compass

3900 Island Blvd B202 Aventura, FL 33160, USA

$548,988

$334/SF

Building Size

1,640 SF

Asset Type

Condo

Closing

Jun 26, 2023

AI

A waterfront condo located at 3900 Island Boulevard in Aventura has been sold in a recent transaction. The property is a spacious 1,640 square feet and was sold for a price of $548,988. This translates to a price per square foot of $335. The sale was facilitated by Ariel Teodoro Hollender from Compass.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $548,988
  • Address: 3900 Island Boulevard, Aventura
  • Square Footage: 1,640
  • Price per Square Foot: $335

Gaston Taratuta purchased the condo from Ralph Perkins in this transaction. Ariel Teodoro Hollender, from Compass, represented both the buyer and seller in the deal.

Players

Ariel Teodoro Hollender

Compass

Broker

$22.8M

vol

12 deals

Broker

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

28.89%

Cash-on-Cash

-8.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93