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
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.
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