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
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