Viceroy Brickell Residences Sold For $2.2M With Buyer's Rep Brenda Corona & Seller's Rep Dali Hernandez
SOLD
$2,200,900
Florida
See Similar DealsCondo1,481 SF
Sold 04/27/2025
SOLD
Viceroy Brickell Residences Sold For $2.2M With Buyer's Rep Brenda Corona & Seller's Rep Dali Hernandez
77 Southeast 5th Street
See Similar DealsCondo1,481 SF
Sold 04/27/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,486
Total Square Footage:1,481 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 77 Southeast 5th Street in the Miami market. The sale took place for a transaction amount of $2,200,900, and the condo has a square footage of 1,481, resulting in a price per square foot of $1,486.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $2,200,900
- Square Footage: 1,481
- Price per Square Foot: $1,486
- Seller: Viceroy Brickell Residences
- Buyer's Representative: Brenda Corona - 195 Real Estate
- Seller's Representative: Dali Hernandez - Fortune International Group
- Date of Sale: 4/28/2025
This transaction involved key individuals representing both sides of the deal. Brenda Corona, affiliated with 195 Real Estate, acted as the buyer's representative, while Dali Hernandez from Fortune International Group represented the seller, Viceroy Brickell Residences, in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,381.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,819.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,433.39
Annual Debt Service$125,200.67
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