Javid Yad Purchases Waterfront Condo From Nandini Bho In Miami Beach For $1M
SOLD
$1,000,000
Florida
See Similar DealsCondo3,250 SF
Sold 07/01/2025
SOLD
Javid Yad Purchases Waterfront Condo From Nandini Bho In Miami Beach For $1M
5660 Collins Avenue
See Similar DealsCondo3,250 SF
Sold 07/01/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$307
Total Square Footage:3,250 SF
Transaction Type:Sale
A waterfront condo has been sold at 5660 Collins Avenue Unit 5E in Miami Beach. The property features 3 bedrooms and 4.5 bathrooms, with a total of 3,250 square feet. The sale price for this condo was $1,000,000, equating to a price per square foot of $307.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,000,000
- Buyer: Javid Yad
- Seller: Nandini Bho
- Broker: Benjamin Malayev - HL Real Estate Group
Benjamin Malayev represented the seller in this transaction. His agency, HL Real Estate Group, facilitated the sale, showcasing their expertise in managing such property transactions with professionalism and efficiency.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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