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777 Northeast 26th Terrace

Updated Dec 4, 2024

OKO Group's Missoni Baia Residences Condo In Edgewater, Miami Sells For $4.1M
SOLDCondo

OKO Group's Missoni Baia Residences Condo In Edgewater, Miami Sells For $4.1M

777 Northeast 26th Terrace

$4,100,000

$828/SF

Building Size

4,951 SF

Asset Type

Condo

Closing

Sep 15, 2023

About this deal

AI

The property involved in this transaction is a condominium located at 777 Northeast 26th Terrace in the Edgewater neighborhood of Miami. Known as Missoni Baia Residences, this condo offers a total area of 4,951 square feet. The sale price for this property was $4,100,000, resulting in a price per square foot of $828. The seller, OKO Group, and the broker representing the seller, Maya Arias from Nest Seekers International, facilitated this transaction.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,100,000
  • Square Footage: 4,951
  • Price Per Square Foot: $828
  • Address: 777 Northeast 26th Terrace, Edgewater, Miami
  • Market: Edgewater, Miami
  • Seller: OKO Group
  • Seller's Broker: Maya Arias - Nest Seekers International

This transaction showcases the collaboration between the seller, OKO Group, and their representative broker, Maya Arias of Nest Seekers International. Together, they closed the deal for this 4,951 square foot condominium located at 777 Northeast 26th Terrace in Edgewater, Miami. The sale price of $4,100,000 reflects a price per square foot of $828.

Players

Maya Arias

Nest Seekers International

Broker

$4.1M

vol

1 deal

Broker
OKO Group
OKO GroupSeller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $828 per square foot on a published $4.1M for 4,951 square feet (2023).

Visit Nest Seekers International to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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