Maryam Ahmadi Acquires Condo At 465 Brickell Avenue In Miami From Icon 5002 Inc For $1,021,500
SOLD
$1,021,500
Florida
See Similar DealsCondo1,269 SF
Sold 06/14/2023
SOLD
Maryam Ahmadi Acquires Condo At 465 Brickell Avenue In Miami From Icon 5002 Inc For $1,021,500
465 Brickell Avenue
See Similar DealsCondo1,269 SF
Sold 06/14/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$805
Total Square Footage:1,269 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,480.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,629.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,842.43
Annual Debt Service$58,109.17
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