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710 Northeast 29th Street

Lukas Andrea Foiani Of AFS Living Represents Buyer In Miami Condo Sale For $30.5M
SOLDCondo

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

Lukas Andrea Foiani

AFS Living

Broker

$67.4M

vol

6 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

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93