facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

851 NE 1st Ave Miami, FL 33...

Dan Kodsi Sells Condo At 851 Northeast 1st Avenue In Miami For $3,859,500 With Buyer's Rep Diana Banks Baserva & Seller's Rep Shelley Figueroa
SOLDCondo

Dan Kodsi Sells Condo At 851 Northeast 1st Avenue In Miami For $3,859,500 With Buyer's Rep Diana Banks Baserva & Seller's Rep Shelley Figueroa

851 NE 1st Ave Miami, FL 33132, USA

$3,859,500

$1,099/SF

Building Size

3,509 SF

Asset Type

Condo

Closing

Apr 5, 2023

AI

The condo located at 851 Northeast 1st Avenue in Miami has been sold in a closed transaction. The seller, Dan Kodsi, closed the deal with a sale price of $3,859,500. The property spans across 3,509 square feet, resulting in a price per square foot of $1,100.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,859,500
  • Market: Miami
  • Address: 851 Northeast 1st Avenue
  • Square Footage: 3,509

In this transaction, the buyer was represented by Diana Banks Baserva from Brickell Realty Group, while the seller, Dan Kodsi, was represented by Shelley Figueroa from OneWorld Properties.

For more information on the remaining developer Penthouse inventory at PARAMOUNT Miami Worldcenter, please contact Shelley Figueroa at 305.206.8590 or [email protected].

Players

Shelley Figueroa

OneWorld Properties

Broker

$3.9M

vol

1 deal

Broker

Dan Kodsi

Seller

$1B

vol

13 deals

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.11%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93