Diego Ojeda Sells Condo At 94 Northeast 29th Street In Miami For $528,900 With Brokers Jake Lecce And Yessika Arevalo
94 Northeast 29th Street
$528,900
$1,352/SF
Building Size
391 SF
Asset Type
Condo
Closing
Apr 2, 2025
AI
94 Northeast 29th Street Unit 314 is a condo located in Miami, featuring a sale price of $528,900, with a total area of 391 square feet, which translates to a price per square foot of $1,352.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $528,900
- Sale Date: 04/02/2025
- Seller: Diego Ojeda - The Rider Residences
- Buyer's Representative: Enzo Rosani - Barnes International Realty
- Seller's Representatives: Jake Lecce & Yessika Arevalo - Cervera Real Estate; Uri Redler - The Rider Residences
- Transaction Method: Wallet-to-wallet cryptocurrency transaction via Kraken
The condominium is part of The Rider Residences, which is a 12-story boutique luxury development composed of 146 turn-key residences. Developed by a joint venture between Rilea Group and Ciprés, the property offers easy access to Miami's popular neighborhoods and is proposed to be located near the future site of Wynwood’s forthcoming high-speed rail station.
Players
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
29.99%
Cash-on-Cash
-8.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93