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488 Northeast 18th Street

Juliana García Ceballos Acquires Miami Condo For $1.22M
SOLDCondo

Juliana García Ceballos Acquires Miami Condo For $1.22M

488 Northeast 18th Street

$1,220,000

$766/SF

Building Size

1,592 SF

Asset Type

Condo

Closing

May 11, 2022

AI

Located at 488 NE 18th St, Unit Miami, this condo was recently sold in a closed transaction. The property spans across approximately 1,592 square feet, offering a comfortable living space for its residents. The sale price for this condo was $1,220,000, resulting in a price per square foot of $766.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,220,000
  • Address: 488 NE 18th St, Unit Miami
  • Square Footage: 1,592
  • Price per Square Foot: $766

In this transaction, Juliana García Ceballos acted as the buyer, while Samuel Sed O Piazza was the seller. The buyer was represented by Caterine Gomez Munoz from Disruptive Real Estate.

Players

Caterine Gomez Munoz

Disruptive Real Estate

Broker

$4.3M

vol

2 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

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93