Ben Jacobs, Nate Shore & Jessica Chestler Close Condo Sale In Miami For $1.43M
540 Brickell Key Drive, APT 320
$1,430,000
$953/SF
Building Size
1,500 SF
Asset Type
Condo
Closing
Jun 7, 2024
About this deal
AI
The property at 540 Brickell Key Drive in Miami, a condo with a size of 1,500 square feet, was part of a recent transaction. It was listed with an asking price of $1,545,000 and sold for $1,430,000, reflecting a price per square foot of $953.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $1,430,000
- Brokers: Ben Jacobs, Jessica Chestler, and Nate Shore - The Chestler Jacobs Team - Douglas Elliman
The Chestler Jacobs Team from Douglas Elliman represented the parties involved in this condo sale, showcasing their expertise in managing real estate transactions.
On the Map
$1,430,000
$953/SF
Condo
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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
11.09%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93