Alejandro Ruiz Secures $3.4M Sale Of Condo At 444 Brickell Avenue In Miami
444 Brickell Avenue
$3,442,900
$1,136/SF
Building Size
3,029 SF
Asset Type
Condo
Closing
Jan 27, 2023
About this deal
AI
A condominium unit located at 444 Brickell Avenue in Miami has been sold for $3,442,900. With a total area of 3,029 square feet, the price per square foot for this property is $1,137. The sale was facilitated by Alejandro Ruiz of BZG International. The transaction was completed in January 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,442,900
- Address: 444 Brickell Avenue, Miami
- Market: Miami
- Broker: Alejandro Ruiz - BZG International
Alejandro Ruiz of BZG International acted as the representative in this sale. The property, located in the heart of Miami, offers 3,029 square feet of livable space at a price per square foot of $1,137. The transaction was completed in January 2022.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.61%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93