Felipe De Castro Ros & Madison Mcclure Ros Purchase Condo In Miami For $2.7M
700 Northeast 26th Terrace
$2,700,000
$1,095/SF
Building Size
2,464 SF
Asset Type
Condo
Closing
May 10, 2024
About this deal
AI
The property involved in this transaction is a condominium located at 700 Northeast 26th Terrace, Miami. Spanning 2,464 square feet, the condo was sold for $2,700,000, equating to a price per square foot of $1,096.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,700,000
- Buyer: Felipe De Castro Ros & Madison Mcclure Ros
- Seller's Representative: Marine Rollins & Timothy Guadalpi - Miami Global Realty, Inc
The deal's key individuals include the buyers, Felipe De Castro Ros and Madison Mcclure Ros, as well as the seller's representatives, Marine Rollins and Timothy Guadalpi from Miami Global Realty, Inc.
On the Map
$2,700,000
$1,095/SF
Condo
View full map
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
Visit Marine Rollins to view all their deals.
Browse Miami condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93