Michael Guerrero Acquires Condo At 495 Brickell Ave Apt 5301, Miami For $1.7M
495 Brickell Avenue, Miami, Florida 33131, United States
$1,700,000
$909/SF
Building Size
1,870 SF
Asset Type
Condo
Closing
Mar 30, 2020
AI
Antonio Cupertino de Miranda & Angelica Gomez represented the buyer and seller in the sale of a condo located at 495 Brickell Ave Apt 5301 in Miami. The transaction took place on March 31, 2022, with Michael Guerrero purchasing the property from George Paskel for a sale price of $1,700,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,700,000
- Square Footage: 1,870
- Price per Square Foot: $909
- Address: 495 Brickell Ave Apt 5301, Miami
Antonio Cupertino de Miranda & Angelica Gomez, representing Related ISG Realty, facilitated the transaction between Michael Guerrero and George Paskel.
Players
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93