Yenny Hanley Acquires Miami Condo For $3.05M From Seller Eraterina Begicheva
88 SW 7th St Apt 4001 Miami, FL 33130, USA
$3,050,000
$1,018/SF
Building Size
2,995 SF
Asset Type
Condo
Closing
May 11, 2023
AI
Located at 88 Southwest 7th Street Unit 4001 in Miami, this condo was recently sold in a closed transaction. The property spans 2,995 square feet and was sold for $3,050,000, resulting in a price per square foot of $1,018. The seller in this transaction was Eraterina Begicheva.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,050,000
- Address: 88 Southwest 7th Street Unit 4001
- Market: Miami
- Square Footage: 2,995
Yenny Hanley from Fortune International Realty represented the buyer in this transaction, while Lana Bell from Douglas Elliman represented the seller. The photographer for this property was Tony Tur.
Players
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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93