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900 Biscayne Boulevard

Fernando Gomez Sells Condo On 900 Biscayne Boulevard In Miami For $1.275M With Scott Porter As Seller's Rep
SOLDCondo

Fernando Gomez Sells Condo On 900 Biscayne Boulevard In Miami For $1.275M With Scott Porter As Seller's Rep

900 Biscayne Boulevard

$1,275,000

$776/SF

Building Size

1,643 SF

Asset Type

Condo

Closing

Mar 30, 2023

AI

A condo located at 900 Biscayne Boulevard in Miami was sold for a transaction amount of $1,275,000. The property features a size of 1,643 square feet, which equates to a price per square foot of $776.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,275,000
  • Address: 900 Biscayne Boulevard
  • Market: Miami
  • Seller: Fernando Gomez
  • Broker: Scott Porter

The transaction involved Scott Porter, representing Fernando Gomez as the seller in this deal, finalizing the sale of the condo on March 30, 2023.

Players

Scott Porter

Serhant

Broker

$70M

vol

9 deals

Broker

Market 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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93