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SB Development Group & Hazelton Capital Group Sell Cove Miami Condo For $2.62M With Broker Daniel Tzinker

Property Image
SOLD
$2,620,000

Florida

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Condo2,162 SF
Sold 05/14/2025
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Property Image
SOLD

SB Development Group & Hazelton Capital Group Sell Cove Miami Condo For $2.62M With Broker Daniel Tzinker

456 Northeast 29th Street

See Similar Deals
Condo2,162 SF
Sold 05/14/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,211
Total Square Footage:2,162 SF
Transaction Type:Sale

The property asset involved in this transaction is a condo located at 456 Northeast 29th Street Unit 1201, in the Miami market. The sale price of the condo is $2,620,000, and it encompasses a total area of 2,162 square feet, equating to a price per square foot of $1,211.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,620,000
  • Square Footage: 2,162 SF
  • Price Per Square Foot: $1,211
  • Seller: SB Development Group & Hazelton Capital Group
  • Broker: Daniel Tzinker - The Agency
  • Transaction Date: 05/14/2025

This transaction involves key individuals such as Daniel Tzinker, who represents the seller in this deal. The selling parties are comprised of SB Development Group and Hazelton Capital Group.

Players

Daniel Tzinker
The Agency
Daniel Tzinker
23 deals$151.6M volume(786) 234-9898
BROKER
The Agency
The Agency
BROKERAGE
SG
SB Development Group
SELLER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Adam Westreich, Daniel Tzinker & Joseph Stern DATE: 05/14/2025 ADDRESS: 456 Northeast 29th Street Unit 1201 - Cove Miami MARKET: Miami ASSET TYPE: Condo SELLER: SB Development Group (@sbd1oak) & Hazelton Capital Group (@HazeltonCapitalGroup) BROKER: Daniel Tzinker (@DanielTzinker) - The Agency (@TheAgencyRE) SALE PRICE: $2,620,000 SF: 2,162 ~ PPSF: $1,211

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,308.31
Cash-on-Cash Return-1.27%
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