Monica S. Betancourt Of Coldwell Banker Represents Sale Of Miami Condo For $2,350,000
7471 Sw 56th Ct
$2,350,000
$644/SF
Building Size
3,647 SF
Asset Type
Condo
Closing
Dec 5, 2024
About this deal
AI
This transaction involves a condo located at 7471 Sw 56th Ct in Miami. The property spans 3,647 square feet and was sold for $2,350,000.00.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $2,350,000.00
- Address: 7471 Sw 56th Ct
- Market: Miami
- Square Footage: 3,647
- Broker: Monica S. Betancourt (Coldwell Banker)
Monica S. Betancourt represented the transaction as the broker, facilitating the sale on behalf of the involved parties.
The condo sale at 7471 Sw 56th Ct in Florida sold for $2.4M in 2024. The building is 3,647 square feet, implying about 644 per square foot on the published price. Monica S. Betancourt, Withheld for Privacy, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Florida file for the 7471 Sw 56th Ct condo sold: pricing, party profiles, and other closed condo comps from the same Florida sit in the Market section below. Filter that local condo set by closing date to see what else sold near 7471 Sw 56th Ct around 2024. Published consideration for 7471 Sw 56th Ct is $2.4M, dated 2024. Cite this Monica S. Betancourt Of Coldwell Banker Represents Sale Of Miami Condo For $2,350,000 sale when underwriting similar condo product around Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93