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94 Northeast 29th Street

Diego Ojeda Sells Condo At 94 Northeast 29th Street In Miami For $528,900 With Brokers Jake Lecce And Yessika Arevalo
SOLDCondo

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

Enzo Rosani

Broker

$84.3M

vol

5 deals

Broker
BARNES International Realty
BARNES International RealtyBrokerage
Diego Ojeda

Diego Ojeda

Seller

$170.5M

vol

9 deals

Seller

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

29.99%

Cash-on-Cash

-8.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93