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Miami Condo Sold For $3.7M With Buyer's Rep Mia Brattan & Seller Vladislav Doronin - Karen Elmir One Sotheby's Intl Realty

Property Image
SOLD
$3,700,000

Florida

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Condo2,500 SF
Sold 03/13/2023
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Property Image
SOLD

Miami Condo Sold For $3.7M With Buyer's Rep Mia Brattan & Seller Vladislav Doronin - Karen Elmir One Sotheby's Intl Realty

700 Ne 26 Ter

See Similar Deals
Condo2,500 SF
Sold 03/13/2023
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,480
Total Square Footage:2,500 SF
Transaction Type:Sale

This condo property located at 700 NE 26 Ter in Miami was recently sold in a closed transaction. The property spans 2,500 square feet and has a sale price of $3,700,000, resulting in a price per square foot of $1,480.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,700,000
  • Buyer: Mia Brattan & Gerald Reich
  • Seller: Vladislav Doronin
  • Broker: Karen Elmir - One Sotheby's International Realty

The buyer, Mia Brattan, and Gerald Reich acquired the property from the seller, Vladislav Doronin. The deal was facilitated by Karen Elmir from One Sotheby's International Realty.

Players

MB
Mia Brattan
2 deals$7.4M volume
BUYER

Details

SOLD
IMAGE: Karen Elmir DATE: 03/13/2023 ADDRESS: 700 NE 26 Ter MARKET: Miami ASSET TYPE: Condo BUYER: Mia Brattan & Gerald Reich SELLER: Vladislav Doronin BROKER: Karen Elmir (@TheElmirGroup) - One Sotheby's Internatioanl Realty (@ONESIR) SALE PRICE: $3,700,000 SF: 2,500 ~ PPSF: $1,480

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$197,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65