Lukas Andrea Foiani Of AFS Living Represents Buyer In Miami Condo Sale For $30.5M
710 Northeast 29th Street
$27,000,000
$1,928/SF
Building Size
14,000 SF
Asset Type
Condo
Closing
Mar 12, 2025
AI
This transaction involves a condo located at 710 Northeast 29th Street PH in Miami, with a sale price of $30,500,000. The property spans 12,279 square feet, which equates to a price per square foot of $2,483.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $30,500,000
- Square Footage: 12,279
- Price per Square Foot: $2,483
- Seller: 710 Edge Property / Villa Miami
- Buyer's Representative: Lukas Andrea Foiani - AFS Living
- Seller's Representative: Sarit Oren
- Market: Miami
The transaction highlights the roles of key participants, with Lukas Andrea Foiani representing the buyer through AFS Living, while Sarit Oren represents the seller in this deal. This emphasizes the involvement of significant representatives in facilitating the transaction.
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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93