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465 Brickell Avenue

Maryam Ahmadi Acquires Condo At 465 Brickell Avenue In Miami From Icon 5002 Inc For $1,021,500
SOLDCondo

Maryam Ahmadi Acquires Condo At 465 Brickell Avenue In Miami From Icon 5002 Inc For $1,021,500

465 Brickell Avenue

$1,021,500

$805/SF

Building Size

1,269 SF

Asset Type

Condo

Closing

Jun 14, 2023

AI

The condo located at 465 Brickell Avenue in Miami has been sold in a closed transaction. The property features 1,269 square feet of space. The sale price for this condo was $1,021,500, resulting in a price per square foot of $805.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,021,500
  • Address: 465 Brickell Avenue, Miami
  • Market: Miami

The buyer of the condo is Maryam Ahmadi, while the seller is Icon 5002 Inc, represented by Miguel Soarez. Ruben Chamorro, from Douglas Elliman, acted as the seller's representative in this transaction.

Players

Ruben Chamorro

Douglas Elliman

Broker

$25.8M

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

15.53%

Cash-on-Cash

-4.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93