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
About this deal
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].
On the Map
$3,859,500
$1,099/SF
Condo
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Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.9M for 3,509 square feet (2023).
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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