Maxine Lynch Acquires Condo In Miami For $1.6M With Buyer's Rep Dave Omach
60 Southwest 13th Street
$1,600,000
$662/SF
Building Size
2,415 SF
Asset Type
Condo
Closing
Feb 22, 2023
About this deal
AI
The property involved in this transaction is a condo located at 60 Southwest 13th Street in Miami. The sale took place on 02/22/2023 and the buyer was Maxine Lynch. The buyer was represented by Dave Omach from Jazayri Realty, LLC. The sale price for the condo was $1,600,000. The condo has a total area of 2,415 square feet, resulting in a price per square foot of $663.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,600,000
- Address: 60 Southwest 13th Street, Miami
- Buyer: Maxine Lynch
- Buyer's Representative: Dave Omach - Jazayri Realty, LLC
- Square Feet: 2,415
- Price per Square Foot: $663
Dave Omach from Jazayri Realty, LLC played a crucial role as the buyer's representative in this deal, ensuring a smooth transaction process for Maxine Lynch. Together, they successfully completed the purchase of this condo at 60 Southwest 13th Street in Miami.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $662 per square foot on a published $1.6M for 2,415 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93