Eric Pilla Acquires Miami Condo Unit For $590,000
90 Southwest 3rd Street
$590,000
$542/SF
Building Size
1,087 SF
Asset Type
Condo
Closing
Apr 14, 2023
About this deal
AI
A condo located at 90 Southwest 3rd Street Unit 601 in Miami was recently sold for a total price of $590,000. The property has a total square footage of 1,087 and a price per square foot of $543. The transaction took place on April 14, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $590,000
- Address: 90 Southwest 3rd Street Unit 601
- Market: Miami
- SF: 1,087
- PPSF: $543
The buyer of the condo was Eric Pilla, while the seller was Anthony Wongg. Anthony Nucci from Nucci Real Estate represented the buyer, and David Flores represented the seller. The lender involved in the transaction was Vittorio Sbrocca from First Team Lending.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $542 per square foot on a published $590K for 1,087 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
26.89%
Cash-on-Cash
-7.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93