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801 South Miami Avenue

Donald Fung Acquires Brickell Condo From Eugenio Gomez Sainz For $1.19M
SOLDCondo

Donald Fung Acquires Brickell Condo From Eugenio Gomez Sainz For $1.19M

801 South Miami Avenue

$1,190,000

$737/SF

Building Size

1,613 SF

Asset Type

Condo

Closing

Jan 26, 2022

AI

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.

Players

Jennifer Azan

RelatedISG International Realty

Broker

$7.9M

vol

5 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.33%

Cash-on-Cash

-3.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93