Donald Fung Acquires Brickell Condo From Eugenio Gomez Sainz For $1.19M
SOLD
$1,190,000
Florida
See Similar DealsCondo1,613 SF
Sold 01/26/2022
SOLD
Donald Fung Acquires Brickell Condo From Eugenio Gomez Sainz For $1.19M
801 South Miami Avenue
See Similar DealsCondo1,613 SF
Sold 01/26/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$737
Total Square Footage:1,613 SF
Transaction Type:Sale
A condominium unit located at 801 S Miami Avenue, Unit 1801 in Brickell has recently been sold. The property, measuring 1,613 square feet, was sold for a price of $1,190,000, resulting in a price per square foot of $738. The sale took place on January 26, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,190,000
- Address: 801 S Miami Avenue Unit 1801
- Market: Brickell
The buyer of the property is Donald Fung, while Eugenio Gomez Sainz acted as the seller. Jennifer Azan, representing RelatedISG Realty, served as the buyer's representative in the deal.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,227.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,641.21
Annual Debt Service$67,694.49
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