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700 NE 26 Ter #5202,

Mia Brattan & Gerald Reich Acquire Miami Condo For $3.7M
SOLDCondo

Mia Brattan & Gerald Reich Acquire Miami Condo For $3.7M

700 NE 26 Ter #5202,

$3,700,000

$1,480/SF

Building Size

2,500 SF

Asset Type

Condo

Closing

Mar 13, 2023

AI

A condo located at 700 NE 26 Ter in Miami has been sold for a price of $3,700,000. The property spans approximately 2,500 square feet and has a price per square foot of $1,480. The sale was completed on March 13, 2023, and the buyer of the condo was Mia Brattan & Gerald Reich. The seller of the property was Vladislav Doronin. The transaction was facilitated by Karen Elmir from One Sotheby's International Realty.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,700,000
  • Address: 700 NE 26 Ter, Miami
  • Square Footage: 2,500
  • Price Per Square Foot: $1,480

Karen Elmir, from One Sotheby's International Realty, represented the buyer and seller in this transaction. Mia Brattan & Gerald Reich purchased the condo from Vladislav Doronin. The deal was finalized on March 13, 2023.

Players

Karen Elmir

Sotheby's International Realty

Broker

$64.9M

vol

12 deals

Broker

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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93